Data shows that Bitcoin volatility is currently at historically low levels, something that has led to violent price moves in the past. Bitcoin 7-Day Range Has Compressed To Just 3.4% Recently According to data from the on-chain analytics firm Glassnsode, the current 7-day price range is comparable to levels seen back in January of this…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Bitcoin NUPL data suggests that the crypto’s cycles are getting less sharper with time as profit tops and loss bottoms aren’t following a horizontal line. Bitcoin NUPL Didn’t Exceed The 0.75 “Greed” Mark During This Cycle As explained by an analyst in a CryptoQuant post, the BTC profit and loss cycles shouldn’t be treated with…
Este artículo también está disponible en español. Amid the recent market shakeouts, Bitcoin (BTC) has shown strength, remaining near the crucial $100,000 barrier during its drops. While the flagship cryptocurrency is momentarily expected to continue its horizontal trajectory, some analysts forecast that BTC’s next leg up might start once it reclaims the recently lost key…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Data shows Bitcoin has been stuck in a historically tight 14-day range recently, something that has decompressed into big moves in the past. Bitcoin 14-Day Range Has Been Extremely Narrow Recently According to data from the analytics firm Glassnode, the 14-day range has only been narrower than now during less than 2% of the cryptocurrency’s…
Bitcoin strategists are waiting for a bias-defining price move as the cryptocurrency’s historical volatility falls to its lowest in three months. Jan Uytenhout, the co-founder of Capriole Investments in Denmark, iterated the outlook in a tweet issued earlier this Wednesday. The fund manager cited old references to show a correlation between the Bitcoin price and…
On-chain data shows the Bitcoin derivatives exchange reserve has surged up recently, a sign that the crypto may face more volatility in the near future. Bitcoin Derivatives Exchange Reserve Observes Uplift Over Last Two Days As pointed out by an analyst in a CryptoQuant post, conditions seem to be brewing up in the BTC market…
The world is upside down. Is bitcoin stable now? Or is everything else extremely volatile all of a sudden? As the planet descends into chaos, bitcoin remains in a weird limbo that’s uncharacteristic of the asset and doesn’t seem to end. That’s both what it feels like and what the stats say. In the latest…
Following the volatility of the weekend, Bitcoin holders seem to have woken up as active addresses break one million. Number Of Active Bitcoin Addresses Reach Seven-Month High As per the latest weekly report from Arcane Research, the crash during the weekend woke up sleeping Bitcoin investors as the number of active addresses observes a significant…