Tag: BTCUSDT

Bitcoin Still Far From A True Supply Shock, Analyst Explains

According to a recent CryptoQuant Quicktake post by contributor Carmelo Aleman, Bitcoin (BTC) is “still far from a true supply shock.” The analyst cited several on-chain metrics to argue that despite declining exchange reserves, the leading cryptocurrency is unlikely to face genuine supply scarcity in the near term. Bitcoin Supply Shock? Not Just Yet Since…

Old Bitcoin Whales Resurface With $760M Move—Brace For Impact?

On-chain data shows Bitcoin whales holding since between three and five years ago have come alive to move a large number of tokens. Bitcoin HODLer Whales Have Broken Their Silence Recently In a new Spent Output Age Bands” (SOAB), which tracks the transaction activity related to a given ‘age band.’ An age band defines a…

Coinbase Sees Major Bitcoin Withdrawals as Binance Derivatives Activity Rebounds

Bitcoin is trading above $95,000, moving closer to the psychologically significant $100,000 price level. This recovery follows several weeks of steady gains, although the asset remains approximately 12.6% below its all-time high recorded in January. Some analysts are now focusing on underlying trends across both spot and derivatives platforms to evaluate the sustainability of the…

Bitcoin Demand Momentum Yet To Recover From Deep Negative Zone, Analyst Says

Despite Bitcoin (BTC) gaining notable traction over the past week – rising from approximately $85,000 on April 21 to nearly $95,000 today – the top cryptocurrency’s Demand Momentum remains significantly subdued, signalling caution among investors. Bitcoin Demand Momentum Continues To Be In Negative Zone According to a recent CryptoQuant Quicktake post by analyst Crazzyblockk, Bitcoin’s…

Bitcoin Supply in Profit Rises Above 85%— Is Euphoria Setting In?

Bitcoin continues its gradual recovery, currently trading above the $94,000 level at the time of writing. This upward trend follows a recent correction that pushed prices down earlier this month. Despite the recent gains, Bitcoin remains about 12.7% below its all-time high set in January. While investors monitor price resistance levels around the psychological $100,000…

Is Bitcoin Demand Returning? Active Address Trend May Suggest So

On-chain data shows the Bitcoin network is currently noting an uptick in Daily Active Addresses. Here’s what this could mean for BTC’s price. Bitcoin Active Addresses Just Crossed The 800,000 Mark In a new Daily Active Addresses” here is an on-chain indicator that keeps track of the total number of BTC addresses that are becoming…

Bitcoin’s Net Taker Volume Turns Positive, New All-Time High Incoming?

Bitcoin gradual recovery continues, with the asset currently trading at $95,409 after posting a 1.7% gain over the past 24 hours. In the last two weeks, BTC has climbed nearly 15%, recovering steadily from its recent period of correction. While the momentum appears measured compared to past breakouts, the underlying market data suggests that structural…