On-chain analytics firm Glassnode has explained how the latest Bitcoin selloff is different from the LUNA and FTX crashes of 2022. Bitcoin Supply In Profit Trend Is Structurally Different For The Latest Crash In a new Percent Supply in Profit to make the comparison. This on-chain indicator measures, as its name suggests, the percentage of…
Tag: BTCUSDT
Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What It Means For Price?
As Bitcoin (BTC) tries to recover from its weekend sell-off that saw it almost crash to $100,000, some crypto analysts think that the BTC market likely “lost its pulse.” As a result, the leading cryptocurrency may be on the cusp of losing its bullish momentum. Bitcoin At The Risk Of Losing Momentum? According to a…
What’s Driving The Drop? Bitcoin, Ethereum, And XRP Struggle Amid Market Uncertainty
After beginning the week above the critical $115,000 mark, Bitcoin (BTC) and the broader cryptocurrency market initially showed signs of recovery. However, BTC has resumed its downward trajectory, experiencing a 4% decline over the past 24 hours. This downturn has had a cascading effect on other altcoins, particularly Ethereum (ETH) and XRP. BTC, ETH, XRP’s…
Bitcoin Retests STH Cost Basis Again: Is This Where Support Flips?
Bitcoin has faced another retrace in the past day that has brought its price to the short-term holder cost basis, a level that has acted as support thus far. Bitcoin Is Making Yet Another Retest Of The STH Realized Price As explained by CryptoQuant community analyst Maartunn in a new short-term holder (STH) Realized Price…
Bitcoin (BTC) ‘Uptober’ Rally On Pause Until This Level Is Reclaimed
After a remarkable start to ‘Uptober,’ Bitcoin (BTC) has recently seen significant volatility, retesting multiple crucial levels. As the price bounces from the $110,000 mark, some analysts have suggested that BTC’s rally won’t restart until a key area is reclaimed. Bitcoin Needs Key Reclaim For New Highs Over the past week, Bitcoin’s price has fluctuated…
Bitcoin Price Crash Below $100,000 Coming? Factors That Highlight Another Decline
With the Bitcoin price seeing some recovery after crashing to $102,000, speculations now abound as to where the pioneer cryptocurrency could be headed next. So far, it has been a mixed bag, with some expecting a rally similar to the COVID rally to follow, and others believing that this is the start of the bear…
Bitcoin V-Shaped Recovery Faces Hurdles – Can Bulls Sustain The Momentum?
Bitcoin price corrected losses and traded above the $114,000 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $113,500 resistance level. The price is trading below $116,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at…
Bitcoin Fear & Greed Index Crashes To Lowest Level In 6 Months, Is A Market Rebound Coming?
Following the massive crash that Bitcoin and the entire crypto market suffered over the weekend, the Fear & Greed Index has been pushed down to its lowest level in the last six months. This index, which measures the market sentiment and shows on a scale how investors are feeling about the crypto market, has now…
Bitcoin Price Drops Toward $117,000: What Lies Ahead? Three Possible Scenarios
The Bitcoin price has experienced a notable decline of 6% from its all-time highs, leading to significant liquidation events that approached $200 million on Friday, while sparking renewed speculation about the cryptocurrency’s future trajectory. Analysts from The Bull Theory attribute the current slump to geopolitical developments, specifically President Donald Trump’s announcement of substantial tariffs and…
Bitcoin Whale Activity Reflects Sustained Confidence As $163K Comes In Sight — Details
Bitcoin began October on a strong bullish note, gaining by over 12% to establish a new all-time-high price around $126,100. However, the recent days have presented a troubling amount of selling pressure, especially in the last few hours due to tariff threats from the United States’ President Donald Trump. Amidst this highly volatile environment, on-chain…