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A crypto analyst said Bitcoin’s dominance chart has “looked bearish for weeks” and altcoin season could be on the horizon. The recent volatility in Bitcoin’s dominance could be a signal that altcoin season is approaching sooner than many traders expect, according to a crypto analyst. “The reason why you should have confidence in the altcoin…
Santiment said Bitcoin’s retail-whale divide is a flashing warning sign, while other analysts anticipate new highs on a macro rebound. Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts…
Despite an $8 billion rise in realized cap, Bitcoin’s recovery lacks the continued inflows from ETFs and Michael Saylor’s Strategy as the main demand drivers, according to CryptoQuant. Bitcoin’s onchain inflows are signaling robust demand for the world’s largest cryptocurrency, with both investors and miners ramping up their activity despite the negative market sentiment since…
Bitcoin traders doubted the staying power of last-minute weekend BTC price upside as selling pressure from whales returned into the weekly close. Key points: Bitcoin reaches $111,000 for the first time in November, but traders anticipate the weekend’s upside unraveling. Coinbase sell pressure comes as a Bitcoin whale resumes distributing BTC. Read more If you…
This month saw the first “Uptober” in seven years to finish with Bitcoin in the red. Meanwhile, BNB takes off thanks to memecoins. Bitcoin (BTC) is about to disappoint investors, as it’s on the verge of ending October, a historically good month, in the red. Meanwhile, BNB Chain has seen record activity as token prices…
Bitcoin ETFs gained $839 million while gold funds lost $4.10 billion, highlighting investors’ growing preference for BTC over bullion. Key takeaways: Bitcoin ETFs saw $839 million in inflows while gold ETFs lost $4.1 billion. Historical patterns suggest an 8.3% gold rebound ahead. Read more If you liked the article, do not forget to share it…
Bitcoin price fell to $109,200 despite the Federal Reserve confirming a 0.25% interest rate cut and the end of quantitative easing. Traders expect future rate cuts, so why is BTC falling? Key points: Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points. Weakness in crypto shows traders are looking at macroeconomic…
Bitcoin diverged from US stocks to give up $116,000 local highs while the S&P 500 reached record levels into the Fed interest-rate decision. Key points: Bitcoin struggles to return to its range highs after its latest sell-off. BTC price targets for the new “volatile retest” focus on $111,000 and a $114,500 weekly close. Read more…
Bitcoin price has surged 85% since Mt. Gox began repayments, proving fears of a massive sell-off were overblown as demand easily absorbed supply. Key takeaways: Institutional demand and ETF inflows have thus far absorbed the redistributed BTC from Mt. Gox. Rate cuts, trade optimism, and rising global liquidity strengthen Bitcoin’s path toward $150,000–$500,000. Read more…
Bitcoin fluctuated wildly at the Wall Street open, with bulls pushing the price to $116,000 as opinions diverged over the next move in BTC. Key points: Bitcoin reaches $116,000 again as volatility ramps up into the US trading session. Traders diverge on short-term BTC price action, with targets including $117,000 before Wednesday’s Federal Reserve interest-rates…