According to the latest on-chain data, Bitcoin has been witnessing an interesting change in its holder behavior, further intensifying the bullish speculation in the market. Bitcoin UTXO Count Declines As Price Surges In a Quicktake post on CryptoQuant, market analyst CryptoOnchain revealed that long-term Bitcoin investors seem to be changing their investment strategy by increasingly…
Tag: BTCUSDT
Top Analysts Predict Massive Bitcoin Price Rally This ‘Uptober’: Is $150,000 Within Reach?
As the Bitcoin price approaches record highs, recently surpassing the $121,000 mark, analysts are increasingly optimistic about the cryptocurrency’s trajectory for October, often termed “Uptober.” According to the analysis team at The Bull Theory, there’s a possibility that the Bitcoin price could reach as much as $143,000, meaning a potential surge of nearly 20% for…
Bitcoin STH Exchange Inflows Hit $5.7B: Profit-Taking Already Underway?
On-chain data shows the Bitcoin short-term holders have just made large deposits to exchanges, a potential sign profit-taking is underway. Bitcoin Short-Term Holder Exchange Inflows Have Shot Up In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the deposits being made by Bitcoin short-term holders to centralized…
Bitcoin On The Cusp Of New Price Discovery Rally: Analyst Forecasts Mid-November Peak
As the market recovers, Bitcoin (BTC) is kicking off the weekend on a positive note by reclaiming another crucial support level. Some analysts suggest that the cryptocurrency is setting the stage for a new price discovery rally, which could start sooner than expected. Bitcoin Eyes Third Price Discovery Uptrend On Friday, Bitcoin jumped nearly 3%…
Bitcoin Faces Key Levels: $125k Resistance Vs $118k Support – Details
From late September, Bitcoin has embarked on an impressive bullish rally to reach price levels around its all-time high of $124,457. However, it remains speculative as to whether the premier cryptocurrency will maintain this early October momentum to put in a new all-time-high price, or experience a major correction into deeper liquidity zones. Bitcoin Key…
Bitcoin Breaks $119,000: Analyst Says $139,000 Could Be Next
A cryptocurrency analyst has pointed out how Bitcoin could target $139,000 next, according to this on-chain pricing bands model. Bitcoin Has Broken Past 0.5 SD MVRV Deviation Band In a new Market Value to Realized Value (MVRV) Ratio, an indicator that compares the market cap of Bitcoin against its realized cap. The former represents the…
Bitcoin Price Nears Record Levels, Predictions Point To $140,000 By Early 2026
The time for optimistic predictions about the Bitcoin price reaching a new record is swiftly running out. Many analysts initially predicted that the market’s leading cryptocurrency would achieve a milestone of $200,000 this year. However, as time progresses, these forecasts are being adjusted, with some traders on crypto prediction platforms lowering their price targets. Despite…
Bitcoin Short-Term Holder RVT Nears Cycle Lows: A Healthy Reset?
On-chain data shows the Bitcoin short-term holder RVT has plummeted recently. Here’s what history suggests could happen next for BTC. Bitcoin Short-Term Holder Realized Value RVT Is Approaching Cycle Lows In a new total transfer volume on the network. In simple terms, what the metric tells us about is whether holders are participating in a…
Bitcoin Defends $108,000 Support Amid Whale Selling In September – Bullish October Ahead?
Bitcoin (BTC) showed resilience over the last weekend as it defended the crucial $108,000 support level amid heightened whale selling on leading crypto exchanges around the world, including Binance. Bitcoin Survives September Whale Selling Pressure According to a CryptoQuant Quicktake post by contributor Arab Chain, September was marked by clear fluctuations between Bitcoin’s attempts to…
Bitcoin’s $90,000 Level Holds Key To Preventing A New Bear Market, Top Analyst Says
Bitcoin (BTC) continues to navigate a phase of consolidation, hovering just above $113,000, leaving investors uncertain about the BTC’s next move. This uncertainty has led one analyst, known for accurately predicting BTC’s trajectory during this cycle, to suggest that a new bear market may be closer than many investors anticipate. Bear Market Warning In a…