On-chain data suggests minimal resistance for Bitcoin, which could facilitate a rally toward a new all-time high (ATH). Almost All Bitcoin Investors Are Back In The Green With Latest Recovery According to data from the market intelligence platform IntoTheBlock, resistance looks light in the price ranges ahead. In on-chain analysis, the strength of support and…
An analyst has explained how Bitcoin could be positioned for new all-time highs (ATHs) if it can break through this on-chain resistance level. Bitcoin On-Chain Data Could Suggest This Level Holds Major Resistance In a new post on X, analyst Ali discussed Bitcoin’s current on-chain resistance. In on-chain analysis, the strength of support and resistance…
An analyst has explained what path Bitcoin might need to follow to surge to a new all-time high (ATH) target of $92,190. Bitcoin Needs To Breach This Resistance Barrier To Rise To New ATH In a new thread on X, analyst Ali discussed whether the BTC price has hit the top. The one signal the…
Bitcoin is still struggling to reclaim its all-time high even after staging an impressive recovery in the last day. The bounce up from $60,000 to $68,000 has no doubt reignited confidence in the market, but the cryptocurrency continues to face some challenges in its bid for a new all-time high. Outflows Continue To Rock Bitcoin…
Brett Herskope aka Eliherf is head of growth at Gamma, the open marketplace for Bitcoin Ordinals. Brett and Andy discuss Bitcoin’s recent all-time high, Gamma and Bitcoin Ordinals, and The Three-Body Problem. One of the most popular answers to the very famous Crypto Conversation Hot Take Round Sci-Fi question, The Three-Body Problem is a trilogy…
In a monumental milestone for the world’s leading cryptocurrency, the Bitcoin price has skyrocketed to an unprecedented all-time high (ATH), surpassing the remarkable threshold of $69,000. Bitcoin Price Breaks Records The recent approval of spot Bitcoin exchange-traded funds (ETFs) on January 10 was a significant catalyst behind this surge. The market reacted with great excitement…
Kevin Svenson, a prominent crypto analyst, has recently shared his 2024 price forecast for Bitcoin, providing a nuanced view of the expected trends in the coming months. Svenson’s analysis, which breaks down the year into distinct phases, offers a glimpse into the possible highs and lows that Bitcoin might experience. His predictions paint a picture…
Data shows the Bitcoin long-term holder supply has climbed back up and set a new all-time high, suggesting that conviction may be returning in the market. Bitcoin Long-Term Holder Supply Recovers From FTX Panic Selling According to the latest weekly report from Glassnode, BTC long-term holders now hold around 72.3% of the total circulating supply.…
A quant has pointed out the similarities between the 2017 and 2021 Bitcoin cycles, something that could hint at how the rest of this bear market might play out. Both 2017 And 2021 Bitcoin Cycles Saw New Lows Around The 365-Day Mark Since The Top As explained by an analyst in a CryptoQuant post, the…
Bitcoin has set a new record high of $68,571 in the early hours of Tuesday. The asset has been rallying for a while now and has reached multiple milestones since then. October had proven to be just what the doctor for the pioneer cryptocurrency as a number of bullish news saw the digital asset bound…