Following several attempts to lose grip above the $90,000 level, Bitcoin has managed to hold well, although the bulls are getting weak daily. It has initiated a buy on the lower timeframe, looking set for another rally. It has been an interesting ride for the bulls over the past two […]
Tag: ETF
Bitcoin’s Bullish Momentum Faces Critical Test Amid Satoshi-Era Wallet Activity
Bitcoin’s price action has captured significant attention as the TD Sequential indicator recently flashed a sell signal on the daily chart. However, this bearish signal is at risk of being invalidated. If Bitcoin ($BTC) manages to secure a daily close above $91,900, analysts suggest the cryptocurrency could rally toward $100,680, […]
Bitcoin and Ethereum See Record Outflows As Whale Movements Signal Profit-Taking
This week, Bitcoin ($BTC) and Ethereum ($ETH) experienced massive outflows from exchanges, with net outflows for both exceeding $1 billion—the highest levels since May 2023. These movements indicate heightened investor activity, as traders move assets off exchanges, often a signal of long-term holding or preparation for decentralized applications. Both $BTC […]
Bitcoin Breaks $90K: Market Optimism Soars Amid Institutional Accumulation And Bullish Momentum
Bitcoin has surged past $90,000, fueled by the unwavering support of long-term hodlers and growing investor confidence. Despite over a billion network addresses, only 53-55 million hold a balance, highlighting the concentration of Bitcoin ownership among dedicated investors. Bitcoin's surge past $90,000 highlights the steadfast support of dedicated hodlers. Out […]
Bitcoin Hits New High As Investors Withdraw 7,500 BTC From Binance Amid Potential Market Shift
Bitcoin surged to a new peak yesterday, but investor behavior suggests a cautious tone. Over 7,500 BTC were withdrawn from Binance, marking the year’s second-largest outflow from the exchange. This significant withdrawal hints that many investors may be shifting towards long-term holdings, reflecting growing confidence in Bitcoin’s future value. Bitcoin […]
Bitcoin Surges To All-Time Highs: Traders Speculate $100K Milestone As Momentum Builds
Bitcoin’s meteoric rise has captivated traders, now inching toward an anticipated $100,000 valuation. At $87,100, this level would have been unthinkable just months ago, yet a sharp 70% rebound since the August 5th dip has shifted market sentiment dramatically. 🧐 Bitcoin's rise (now $87.1K) has been so rapid that traders […]
Ethereum’s Momentum Surges As Whale Activity And ETF Inflows Reach Record Highs
Ethereum is once again demonstrating the growth that cemented its position as the second-largest crypto asset by market cap, a title it has held consistently for nearly eight years. Recent data reveals a surge in whale transactions, with key holders significantly ramping up activity—contributing to Ethereum’s recent 14-week high in […]
Bitcoin Hits Record High Of $85K As Whale Accumulation And Retail Participation Surge
Bitcoin has achieved a new milestone, reaching an all-time high of $85,000 just 20 minutes ago. Over the past year, large holders—or “whales” and “sharks” with at least 10 BTC—have accumulated 234,150 BTC, now valued at around $19.76 billion. This upward momentum in the market is attributed to consistent accumulation […]
Bitcoin’s Path to Recovery: New Investors Needed Amid ETF Volatility And Whale Activity Surge
Bitcoin is facing a slow inflow of new investors, as short-term holders (STH) now make up only 30% of its realized capitalization—a significant decline from nearly 80% during the last bull market. To reignite interest, substantial price moves or major headlines, like large-scale Bitcoin acquisitions by big companies, could be […]
ETHEREUM PRICE ANALYSIS & PREDICTION (November 11) – ETH Hits Four-Month High Following 30% Surge In A Week, More Gains Ahead?
Last week saw Ethereum through a major breakout after subjecting to a sideway trend for three months. It exploded significantly to a new multi-month high but is now looking calm after failing to break higher. A week ago, Ethereum traded as low as $2,350 after opening bearish for the month. […]
BITCOIN PRICE ANALYSIS & PREDICTION (November 11) – Bitcoin Prints New High After A Major Break Out, Is $90k Next Stop?
Bitcoin’s price is waxing stronger daily following the recent breakout. It reached a new milestone today, and there are no major signs of slowing down the rally. More breakups are expected amid the latest bull run. Following a short pullback from around $73,600 in late October, which caused a little […]
Bitcoin’s New High Sparks Optimism As Market Indicators Suggest Room For Growth
Bitcoin recently reached a new all-time high, but key indicators suggest the rally might still have room to grow. The MVRV (Market Value to Realized Value) ratio shows Bitcoin isn’t yet overvalued; its price remains close to the cost basis for traders, indicating that the market isn’t overheated. Bitcoin’s new […]
Bitcoin Dominance Grows As Institutional Investors Favor Simplicity, While Ethereum DeFi Thrives
Bitcoin’s appeal as “digital gold” is captivating institutional investors, reinforcing its status as a straightforward, inflation-resistant asset. This growing interest has intensified Bitcoin’s dominance over Ethereum, whose focus on decentralized finance (DeFi) attracts a more niche audience. The market cap ratio of ether to bitcoin has plunged to 24.52%, its […]
Bitcoin Hits Historic $75K High On Election Night As Pro-Crypto Sentiment Soars
Bitcoin’s market value has reached an all-time high of $75,000, driven by the momentum surrounding the U.S. election night. As election results started to show a lead for Donald Trump, a perceived pro-crypto candidate, Bitcoin saw a rapid surge in both price and positive sentiment. Across social media, comments are […]
BITCOIN PRICE ANALYSIS & PREDICTION (November 5) – Bitcoin Sits Under $70k As US Election Nears, Poises For A Surge
Bitcoin’s bias remains bullish in the short term but has briefly lost buzz due to the recent drops. However, it appeared to have found temporal support but still looks weak as it follows negative sentiment daily. Bitcoin surprised many traders during last month’s trading as it exploded massively close to […]
Bitcoin’s Big Week: Election, FOMC Meeting, And Strong Signs Of A Bull Market
As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs have followed post-election periods, and analysts are optimistic about Bitcoin’s potential, forecasting it could hit $100,000 by year’s end, […]
Bitcoin Surges As Ethereum Holds Steady; Market Eyes Election-Driven Volatility
Bitcoin ($BTC) has been gaining impressive momentum, with both its price and open interest sharply rising, indicating strong upward movement. While Ethereum ($ETH) remains stable and hasn’t yet mirrored Bitcoin’s ascent, investors are keeping a close watch for potential shifts, as ETH could soon follow BTC’s trend. $BTC is on […]
Celebrating Bitcoin’s 16th Anniversary Amidst Strong Holder Accumulation And ETF Inflows
Today marks the 16th anniversary of Bitcoin’s white paper release by the mysterious Satoshi Nakamoto. On October 31, 2008, Nakamoto shared his vision for a decentralized financial system in a nine-page document titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This paper, which laid the foundation for Bitcoin and the broader […]