Tag: btc

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (September 17) – BTC Loses Grip Above $60k Following 5% Drops, Where Next? 

Last week’s trading was impressive as Bitcoin recovered from $52k, although it encountered resistance and is now losing momentum. Sentiment is now negative following a strong sell since yesterday. It’s the start of a new week for Bitcoin as it already registered losses after dropping from the $60,900 level over […]

Crypto, News

Bitcoin Hits $58K As Retail Sentiment Improves, But Larger Holders Are Key To Sustained Rally

Bitcoin surged to $58,000 today, sparking renewed optimism among retail traders. Wallets holding less than 1 BTC now account for their largest share of the supply in seven months, signaling growing interest from smaller investors. However, for Bitcoin to return to its all-time highs, analysts suggest a different ownership pattern […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (September 10) – BTC Is Approaching Sell Zones As It Retraces, Bigger Drops Ahead

Last Friday, Bitcoin saw a pause in selling after shedding a 12% loss in two weeks. It has been in a retracement mode for three days and is likely to resume selling as the price reaches a key breakdown level. Bitcoin’s mid-term outlook is still under the correctional phase following […]

Crypto, News

Bitcoin Sees Major Withdrawals As Large Holders Accumulate Amid Price Decline

This week, Bitcoin experienced $728 million in withdrawals from exchanges, signaling that large holders are continuing to accumulate despite the ongoing price decline. Addresses holding between 100 and 1,000 BTC have been steadily increasing their positions, even as Bitcoin’s price remains under pressure. Bitcoin experienced $728 million in withdrawals from […]

Crypto, News

Bitcoin Accumulation Surge: Large Holders Control 20.3% Of Circulating Supply Amid Market Pressures

Addresses holding between 100 and 1,000 BTC have significantly increased their share of the circulating Bitcoin supply, now controlling 20.3%, or approximately 4.01 million BTC. This represents a 5% rise from the 3.82 million BTC held six months ago, indicating a growing trend of accumulation among large holders. Addresses holding […]

Crypto, News

Bitcoin Holders Remain Steady Despite Market Fluctuations

Addresses holding between 100 and 1,000 BTC have shown remarkable resilience amid recent market volatility. Over the past few months, these addresses have been steadily accumulating Bitcoin and now control 20.3% of the total circulating supply. This consistent accumulation highlights a strong belief in Bitcoin’s long-term value among significant holders. […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (September 2) – BTC Breaks Lower After A Brief Calm, Poises For Bigger Crash

Last week saw Bitcoin through another major decline but after a lot of indecisiveness around a key level, it finally broke lower and closed the week strongly bearish. It currently looks ready for a bigger fall. We recall that August started painful for Bitcoin after falling from $70k in the […]

Crypto, News

Bitcoin And Ethereum Plummet: Investors Liquidate $313 Million Amid Market Volatility

The cryptocurrency market experienced a significant downturn, with Bitcoin and Ethereum plummeting to lows of $58,034 and $2,392, respectively. This resulted in a staggering $313 million in liquidations across the network, with long orders accounting for $282 million and short orders totaling $31.36 million. Bitcoin briefly fell to a low […]