Bitcoin dip buyers nibble at BTC range lows but are risk off until K becomes support

Bitcoin dip buyers nibble at BTC range lows but are risk off until $90K becomes support

Bitcoin’s realized cap hit a record $872 billion, but slowing growth, profit-taking, and underwater short-term holders suggest the market remains risk-off. Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics…

Read More
4 reasons why Bitcoin price could rally to K in April

4 reasons why Bitcoin price could rally to $90K in April

Traders expect Bitcoin price to benefit from global stimulus, a weaker US dollar, and BTC’s decoupling from equities. Key points:  Monetary stimulus in China and Europe increases investors’ focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens. Read more If you liked the article, do…

Read More
Bitcoin online chatter flips bullish as price chops at K: Santiment

Bitcoin online chatter flips bullish as price chops at $85K: Santiment

Santiment’s Bitcoin social media sentiment tracker has flipped bullish as the cryptocurrency continues to fluctuate around the $85,000 price level. The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will…

Read More
Bitcoin’s wide price range to continue, no longer a ‘long only’ bet  — Analyst

Bitcoin’s wide price range to continue, no longer a ‘long only’ bet — Analyst

Bitcoin’s rally over the past year has not been driven “by typical crypto-bro speculation,” says 10x Research’s Markus Thielen. Bitcoin could be heading into another extended consolidation phase, with short-term indicators suggesting a more bearish outlook, contrary to the broader crypto community’s view, according to the head of research at 10x Research. While many crypto…

Read More