Bitcoin (BTC) remains resilient, trading close to the $100,000 mark despite a recent correction that led to over $500 million in liquidations, predominantly from long positions. A recent report by Glassnode analyzes the cohorts driving the sell-side pressure during this ongoing bull run. Majority Of Sell-Side Pressure Coming From New Market Entrants According to Glassnode’s…
Tag: BTCUSDT
Altcoins See Massive Inflows Amid Bitcoin’s Record Rally, But 2021 Bubble Warnings Persist
Amid a significant uptrend in crypto prices, altcoins are beginning to outperform Bitcoin (BTC), marking a notable shift since the historic highs of 2021. This surge coincides with Bitcoin nearing an all-time high of $100,000, fueled by the presidential election victory of Donald Trump, who positions himself as a pro-crypto leader. However, Bloomberg reports that…
Bitcoin’s Price Dip Triggers Alert On NVT Golden Cross—Here’s What To Watch For
Bitcoin price correction from its recent all-time high has sparked speculation within the crypto community, with many questioning if the bull run remains intact and what the next price move might be. Currently, BTC trades at a price below the $95,000 mark, down by nearly 7% from its all-time high above $99,000 recorded on November…
Altcoins ‘Starting To Run’ After Reclaiming This Key Level, Altseason Around The Corner?
As Bitcoin continues to move above the $90,000 mark, Altcoins began to reach new highs. The sector has recently reclaimed a key two-year level that could set the stage for a retest of 2021’s highs. Some analysts consider that Altcoins’ recent performance could kickstart the long-awaited Altseason. Altcoins Market Cap Reclaims 2022 Levels The total…
Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals
The founder and CEO of the on-chain analytics firm CryptoQuant has explained where the peak Bitcoin market cap lies based on the current hashrate. Bitcoin Ceiling Could Lie At This Level Based On Network Hashrate In a new post on X, CryptoQuant founder and CEO Ki Young Ju discussed a BTC pricing model that puts…
Pantera’s Vision: Bitcoin Fund Forecasts $740,000 Price Tag By April 2028
As Bitcoin (BTC) prices faced a correction on Tuesday, Dan Morehead, founder and managing partner of Pantera Capital, expressed optimism about the cryptocurrency’s future. In a recent interview, he suggested that the current market challenges could be temporary and that the rally might not be over. Bullish Future For Bitcoin Amid Regulatory Shifts Reflecting on…
Bitcoin Rally Pauses Before $100K—Here’s What Could Happen Next
Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.” Since climbing from $73,000 to $99,800, Percival highlighted that Bitcoin…
Bitcoin Price Alert: Expert Warns Of Upcoming 25% Drop, Timing And Trends Explained
After reaching a new all-time high of $99,600 last Friday, the Bitcoin price has retraced to the $94,000 mark for the first time in nearly a week. This pullback comes amid growing speculation about a possible correction following a massive three-week uptrend that saw the leading crypto surge by 40% after Donald Trump’s election on…
Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible
The Bitcoin price could crash if it fails to hold key resistance levels. A crypto analyst has revealed that a decline to $89,000 was well within possibility, as sell-offs below the $100,000 mark have continued to hinder Bitcoin’s price upward momentum. Bitcoin Price Correction To $89,000 Possible On November 26, TradingView crypto analyst Pejman Zwin…
Bitcoin Leverage Remains High – Data Reveals Selling Pressure Above $93K
After a historic rally, Bitcoin has faced its first major setback, pulling back 7% from its all-time high of $99,800. This comes after an impressive surge from $67,500 on November 5, marking a nearly 50% climb in just a few weeks. The price action has largely been “only up,” attracting significant attention from traders and…