As Bitcoin (BTC) came close to slumping below the psychologically important $100,000 mark last week, the short-term holders (STH) cohort started to show signs of weakening conviction in the leading cryptocurrency, raising fears of a deeper price correction. Bitcoin STH Fear Resurfaces According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin STH’s net…
Tag: BTCUSDT
Bitcoin Defies Bears: Price Nears $108,000 Despite $250M Exchange Inflows
On-chain data shows the exchanges recently received a large amount of Bitcoin inflows, but so far, the asset’s price has only been going up. Bitcoin Has Seen A Spike In Exchange Inflows Recently In a new Exchange Netflow is an on-chain indicator that keeps track of the net amount of the asset that’s moving into…
Bitcoin Skyrockets Past $108,000 Amid US-China Tariff Discussions
The market’s leading cryptocurrency, Bitcoin (BTC), experienced a notable spike on Monday, surging past the $108,000 mark after a period of consolidation between $100,000 and $106,000 for the past week. This surge comes as key officials from the United States and China prepare for critical trade negotiations in London, aimed at addressing ongoing tensions and…
Why The Bitcoin Price Could See Another 70%-170% Jump From Here
The Bitcoin price is still holding above $100,000 despite suffering a crash right before the weekend. It has since bounced back from the $104,000 level, suggesting that bulls are making their stand at this major psychological level. Now, with the crypto market sitting at what looks to be a critical point, questions are arising about…
BlackRock’s Bitcoin ETF Becomes Fastest Ever To Reach $70 Billion AUM
BlackRock’s iShares Bitcoin Trust (IBIT) has made headlines by amassing a staggering $70 billion in total assets, achieving this milestone faster than any other exchange-traded fund (ETF) in history. This remarkable feat occurred just 341 days after its launch, according to Bloomberg analyst Eric Balchunas, who noted that IBIT reached this figure five times quicker…
Bitcoin Price Bounces Past 105K: Is a Full-Blown Rally Back on the Cards?
Bitcoin price started a recovery wave above the $105,000 zone. BTC is now consolidating and might attempt to clear the $106,500 resistance. Bitcoin started a recovery wave above the $105,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $105,350…
Bitcoin Price Risks Crash To $31,000 Amid 5-Wave Impulse Completion
Over the last few weeks, the Bitcoin price has been on an upward trajectory, propelled forward mainly by institutional adoption and buying. This has seen the Bitcoin price rally to new all-time highs at $111,900, and has remained above $100,000 despite a turn in market sentiment toward the negative. However, this support has not bolstered…
Crypto Analyst Says This Bitcoin Top Signal Hasn’t Gone Off Yet — What To Know
The story has been somewhat the same for the price of Bitcoin over the past week, drifting further from its recently-notched all-time high of $111,814. On Friday, June 6, the premier cryptocurrency fell towards the $101,000 level, reflecting an uptick in the market volatility over the past few days. While the Bitcoin price has quickly…
Bitcoin Historical Data Points To Imminent 62% Price Surge – Analyst
The Bitcoin market was recently subject to a significant price dip as a public feud between US President Donald Trump and the world’s richest man, Elon Musk, on Thursday negatively impacted the US financial markets. During this period, the premier cryptocurrency crashed by an estimated 5% from $106,000 to trade below $101,000. Interestingly, despite the…
Bitcoin Stabilizes At $104,000 Mid-Range As Market Eyes Next Breakout
Bitcoin saw a sharp price dip on Thursday amidst a public fallout between US President Donald Trump and the world’s richest man Elon Musk. The premier cryptocurrency, which had traded steadily within the $104,000–$106,000 range throughout the week, plunged to below $101,000 as tensions escalated between the two influential figures who attacked each other via…