Bitcoin’s new investor dominance is gaining momentum just as the asset consolidates in a tight range, setting the stage for a major breakout. After more than two weeks of sideways movement between $115,000 and $120,000, BTC continues to trade within this well-defined range—building pressure that typically precedes a sharp move. Related Reading Data from CryptoQuant…
On-chain data shows the number of active Bitcoin addresses have remained at a low value for a while now, suggesting there isn’t much demand for the crypto currently. Bitcoin Active Addresses Have Continued To Move Sideways Recently As pointed out by an analyst in a CryptoQuant post, the BTC network activity has been low in…
Este artículo también está disponible en español. Bitcoin has been trading sideways in a tight consolidation range, staying below key supply levels while holding strong above crucial demand zones. This phase of indecision has divided market sentiment, with many leaning toward a bullish trend that could result in an aggressive move in the coming days.…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
Este artículo también está disponible en español. Bitcoin surged over 5% yesterday, following a positive day across the crypto market. This sudden price boost has sparked optimism among investors and analysts, anticipating even bigger gains in the coming months. Market sentiment is improving alongside price action, fueling hopes for a sustained rally. Related Reading Key data…
Este artículo también está disponible en español. Bitcoin spent the weekend trading within a relatively narrow range of $91,700 to $88,700, demonstrating robust price action. Despite the lack of significant price movement, the consistent ability to hold within this range underscores Bitcoin’s current strength and growing market confidence. Key data from CryptoQuant adds further optimism,…
Bitcoin (BTC) tumbled below the $110,000 level in a sharp move that rattled markets and triggered a wave of short-term panic selling. The sudden decline followed an initial post-Fed volatility spike, as traders reacted to the US Federal Reserve’s 25bps rate cut and announcement of an impending end to quantitative tightening. With uncertainty still lingering,…
Bitcoin is testing the $70,000 level after briefly surging toward $74,000, as the market attempts to stabilize following a volatile period marked by geopolitical uncertainty and rapid price swings. While the recent rally helped restore short-term momentum, analysts are closely monitoring on-chain data to determine whether the move reflects a broader shift in market structure…
Este artículo también está disponible en español. Bitcoin (BTC) has held steady above the $88,000 mark over the past few days, showcasing resilience as the broader market anticipates its next move. Price action remains robust, leaving investors waiting for lower prices frustrated, as BTC shows no signs of providing an easy entry point anytime soon.…
Bitcoin is holding above $62,000 after the massive drop that defined last week’s market action and erased months of recovery progress in a matter of days. The price is stabilizing — but analyst MorenoDV has published a demand analysis that places the current market conditions in a historical context that makes the stability feel considerably…