Bitcoin’s price has maintained stability around the $69,000 mark, buoyed by a strong demand zone between $66.9k and $68.9k. This price range has seen over two million addresses accumulate a total of 1.1 million BTC, indicating significant interest and activity among traders. Bitcoin remains steady around $69k, thanks to a […]
Tag: btc
BITCOIN PRICE ANALYSIS & PREDICTION (June 3) – BTC Shows Strength Again But Can It Overcome This Crucial Resistance Lines?
Bitcoin BTC has been undergoing a retracement for two weeks but it is now showing signs of strength following a slight surge in the past 12 hours. It found support and appeared to be resuming a bullish rally on the day. The past month marked a significant recovery phase for […]
Bitcoin Sharks and Whales Accumulate, Signaling Potential Bull Market
In the last five months, Bitcoin wallets holding at least 10 BTC have seen a significant increase in their holdings. According to analysis from Santimentfeed, these wallets have collectively acquired an additional 154,560 BTC. Historically, such accumulation by large BTC holders often precedes a bullish market phase, as it indicates […]
Bitcoin Movements And ETF Inflows Signal Market Shifts
Large amounts of Bitcoin have been recently moved by the MtGox trustee, consolidating billions of dollars worth of BTC. This transfer has resulted in a net drop of 65 wallets holding between 1,000 and 10,000 BTC, while there has been a net rise of 3 wallets holding between 10,000 and […]
Bitcoin Consolidation Continues Amid New Accumulation Trends And Major Transfers
Bitcoin’s price remains just shy of its all-time high, exhibiting consolidation as long-term investors start to re-accumulate coins for the first time since December 2023. This renewed interest among holders suggests a bullish sentiment building in the market. Additionally, the TD Sequential indicator has presented a buy signal on the […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 28) – BTC Calms At $69k, Can It Conquer This Key Resistance Line In The Next Rally?
Bitcoin BTC continued to remain calm after rejecting a key resistance line last week. While failed to push back above $70k, it found a new support and bounced off; but there’s not enough volatility to sustain buying pressure. Following a nice recovery from a low of $57,000 to a high […]
Significant Ethereum Ecosystem Token Withdrawals Signal Market Moves
In a notable trend, $76.95 million worth of six Ethereum ecosystem tokens—$LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE—have been withdrawn from centralized exchanges (CEX) by fresh wallets and first-time accumulators in the past week. $76.95M worth of 6 #Ethereum ecosystem tokens, $LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE, have been […]
Bitcoin Whales Buy The Dip As Prices Fall Below $67K
In the past few hours, Bitcoin prices have dropped below the $67,000 mark, sparking a buying frenzy among Bitcoin whales. According to on-chain data, these large holders have purchased over 20,000 BTC worth approximately $1.34 billion as prices dipped. #Bitcoin whales are buying the dip! These large #BTC holders have […]
Bitcoin Addresses Holding 1k-10k BTC Drive Accumulation Amid Price Surge
Bitcoin addresses holding between 1,000 and 10,000 BTC have been the primary accumulators during the recent price surge to $70,000. Over the past seven days, these addresses have collectively added 20,000 BTC, equivalent to $1.4 billion, to their balances. This significant accumulation highlights the strategic moves of large holders in […]
Bitcoin And Ethereum Surge Amid High Buy Calls: Analysts Predict New All-Time Highs
Crypto traders are increasingly optimistic as Bitcoin surged above $71K yesterday, and Ethereum climbed to $3,770 for the first time in ten weeks. Amidst this bullish trend, many weak hands may panic sell, but just a touch of FUD could set the stage for a new Bitcoin all-time high. 🤑 […]
Bitcoin Poised For A Major Move As Market Conditions Stabilize
Bitcoin markets have seen a period of calm following months of significant distribution pressure. While capital inflows have remained modest, the reduction in sell-side activity and compression of volatility suggest that a significant move could be imminent. #Bitcoin markets have experienced a cool down after several months of intense distribution […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 20) – BTC Settles Above $66k Following A 20% Recovery In Three Weeks, What Next?
As anticipated, Bitcoin closed last week’s trading well above the $66k level and remained calm following a slight drop. It is charging back at last week’s high. A rejection there could trigger a short pullback. So far, this month has seen quite imbpressive as Bitcoin increased nicely after experiencing a […]
BITCOIN CASH PRICE ANALYSIS & PREDICTION (May 19) – BCH Faces Resistance After A Week Bounce, Can It Scale Through?
Bitcoin Cash increased by 13% in the past week after establishing base support above a key level. It has formed a bullish pattern on the daily chart, negotiating the next major rally as it faces a minor resistance. Ending a three-week correction at precisely $400, which is now serving as […]
Bitcoin’s Resurgence: Whales Accumulate As ETFs Drive Net Inflows
The sentiment around Bitcoin has turned decidedly bullish following a surprise surge past $66,000 on Wednesday, now climbing above $67,200. This price jump has sparked renewed interest among large holders. Notably, addresses holding over 1,000 BTC have collectively increased their holdings by 250,000 BTC since the launch of Bitcoin ETFs, […]
Bitcoin ETF Volume Surges, Hitting Highest Levels Since March
Bitcoin ETF volumes are gaining significant momentum, with the seven largest ETFs recording a combined $5.65 billion, marking the highest daily volume since March 24th. This surge indicates a shift in market dynamics, moving beyond the days when whales predominantly accumulated Bitcoin on-chain. 📈 #BitcoinETF volume is picking up major […]
Bitcoin Funding Rate Rises Amidst On-Chain Activity Slump
Bitcoin’s recent surge in funding rate on exchanges like DyDx and Deribit is causing concern among crypto enthusiasts, who are wary of history repeating itself after last week’s market top. With bullish sentiments prevailing, there’s a desire to keep Bitcoin FOMO (Fear of Missing Out) in check, ensuring that shorts […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 13) – BTC Surges 2% Daily To Retap $63,000 Range In A Fresh Increase, Are The Bulls Back?
The latest surge in Bitcoin’s price seemed to have restored bullish hope as it bounced off a key level last week. It reiterated positive actions today and is now looking poise for a shift amid a fresh surge. Starting this month on a bullish note, Bitcoin recovered nicely from a […]
Crypto Market Sentiment Remains Bearish Despite Resilient Trends
The sentiment surrounding top cryptocurrency assets continues to lean towards negativity, a trend that has persisted since the Bitcoin halving on April 19th failed to immediately spur market growth across the crypto sector. With uncertainty prevailing, the departure of small wallets from the market may serve as the catalyst needed […]