Crypto analyst Ardi has pointed to a bear market divergence to explain what has been going on with Bitcoin’s price for a while now. His analysis comes just as BTC continues to struggle to hold above $70,000 amid the U.S.-Iran war and rising oil prices. Analyst Explains What Is Happening With Bitcoin as Price Struggles…
Tag: BTCUSDT
Bitcoin Market Caution Rises After Failed Breakout: Glassnode Data
The Bitcoin market remains subject to high uncertainty, with bearish sentiments at heightened levels. In the last week, the premier cryptocurrency attempted another failed breakout as prices faced stiff resistance at the $75,000 level. With Bitcoin now back to around $70,000, Glassnode data on the options market shows that traders are pushing for more downside…
Bitcoin-S&P 500 Correlation Coefficient Signals Impending Market Crash – Details
The Bitcoin market commenced an extended bearish phase in October 2025, after an initial flash crash triggered a 19% decline from the present all-time high at $126,000. In the subsequent months, Bitcoin would experience a steady loss combined with major drawdown moments, eventually pulling its price to a local bottom of $60,000, before entering a…
Gear Up! New Bitcoin Bull Market Is About To Begin — Time To Buy?
The price of Bitcoin has continued to hover around the $70,000 level this weekend, establishing a choppy structure above this psychological level. According to the latest on-chain data, a significant buy alarm has gone off for BTC, indicating the potential start of a bull market. Has BTC Price Reached Its Cycle Bottom? On Saturday, March…
Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March
Bitcoin (BTC) has settled back into the familiar consolidation band between roughly $65,000 and $74,000 after a short-lived attempt to clear higher resistance walls at around $76,000 earlier in the week failed. Trading around $69,000 at the time of writing, on-chain analytics from Glassnode and market commentary from analysts suggest the market is likely to…
Bitcoin Shark & Whale Wallets Jump Despite Bearish Price Action
On-chain data shows the Bitcoin sharks and whales have seen their population grow during the last three months, despite the price witnessing an overall downtrend in this window. Bitcoin Sharks & Whales Saw A 3.9% Jump In Address Count Over Last 3 Months In a new sharks and whales. The “Supply Distribution” here refers to…
Bitcoin Price Could Visit $43K Before Next Bull Market — Here’s How
For the first time in nearly two months, the Bitcoin price had a sustained run above the psychological $70,000 level over the past week. However, the increased likelihood of potential interest rate hikes by the US Federal Reserve on Friday, March 20, seems to have elevated market apprehension. Interestingly, an on-chain evaluation suggests that the…
Bitcoin Market Not Ready For Expansion Yet — Blockchain Firm
According to a recent on-chain data evaluation, the Bitcoin price might not be seeing a start to renewed price expansion in the near-term. Interestingly, this hypothesis seems to align with the multiple recovery attempts by the flagship cryptocurrency over the past few weeks. BTC Net Realized Profit Peak At $17M/hr Before Swift Price Downturn In…
Bitcoin Bearish Positioning Persists As Funding Rates Hold Negative
Data shows the Bitcoin perpetual futures market has seen a negative Funding Rate recently, suggesting a bearish sentiment is dominant. Bitcoin Perpetual Futures Traders Are Betting On The Short Direction As highlighted by Glassnode analyst Chris Beamish in an X Funding Rate” here refers to an indicator that measures the amount of periodic fee that…
Bitcoin Long-Term MVRV Remains In ‘Opportunity’ Zone: Data
On-chain data shows the 365-day Bitcoin MVRV Ratio has recently been sitting deep inside the negative zone, implying long-term buyers are underwater. Bitcoin MVRV Ratio Suggests 1-Year Holders Still In Pain In a new Market Value to Realized Value (MVRV) Ratio. This indicator keeps track of the ratio between the Market Cap of BTC and…