Key takeaways: Bitcoin’s Coinbase Premium turned negative after a 62-day buying streak. BTC continues to hold above $115,000 despite rising sell pressure and a negative futures CVD. The Bitcoin (BTC) Coinbase Premium Index has turned negative for the first time since May 29, ending 62 days of being positive. The metric, which tracks the price…
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Key takeaways: Bitcoin targets $122,000, where $2 billion in short liquidations are clustered but Q3 seasonal data hints at downside. A falling RSI, spot BTC ETF outflows, and low trading volumes point to weakening bullish momentum. FOMC minutes and positive news from the White House could trigger a rally on Wednesday. Bitcoin (BTC) briefly dipped…
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Key takeaways: The dominance of Ether’s futures volume surpassed Bitcoin for the first time since 2022. Tron-ecosystem stablecoin activity rose, pointing to capital inflows into the altcoin ecosystem. Ether (ETH) has gained everyone’s attention over the past few weeks, with new data showing a clear shift away from Bitcoin (BTC) as the biggest altcoin by…
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Key takeaways: The Bitcoin Implied Volatility Index has fallen to its lowest level since September 2023, hinting at a potential breakout. The short-term holder realized cap drawdown is at -8%, which is historically a bullish accumulation zone. Bitcoin’s (BTC) recent price action points to a phase of quiet accumulation, but data shows that these low-volatility…
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Key takeaways: A hidden bearish divergence on the RSI hints at weakening bullish momentum for Bitcoin. A CME gap between $114,000–$115,000 could act as a magnet. Market cyclicality and an assortment of indicators show Bitcoin in a distribution zone. Bitcoin (BTC) is showing signs of potential weakness, with three critical charts suggesting the possibility of…
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Key takeaways: Bitcoin’s sideways trading results from Binance taker volume turning negative, and the US and Korean BTC premium index showing weak spot demand. BTC holding above $115,000 and strong buyer absorption near this level shows bulls are committed to pushing Bitcoin price to new highs. Bitcoin (BTC) has struggled to maintain momentum after hitting…
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Key takeaways: Fidelity’s Jurrien Timmer believes Bitcoin is still mid-cycle in its adoption curve. 125 public companies now hold BTC, with digital asset products witnessing $3.7 billion in weekly inflows last week. First-time BTC buyers accumulated over 140,000 BTC in just two weeks, signaling renewed FOMO. Bitcoin (BTC) may be trading near highs around $120,000,…
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Key takeaways: Bitcoin formed a bearish engulfing candle, indicating potential short-term exhaustion. The Miners’ Position Index surged to its highest level since November 2024, and profit-taking hit record highs. Despite panic selling, over 196,600 BTC was accumulated in the $116,000–$118,000 range, reinforcing traders’ bullish long-term sentiment. Bitcoin (BTC) printed its first notable bearish signal on…
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Key takeaways: June CPI data showed rising headline and core inflation, reducing expectations of an interest rate cut in July. Bitcoin must reclaim the $119,250–$120,700 zone to confirm bullish momentum and aim for fresh highs above $123,000. Bitcoin (BTC) price rallied to $118,400 from $16,500 on Tuesday following the release of the June US Consumer…
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Key takeaways: Bitcoin closed its highest weekly candle at $119,310, then rallied on to $123,100. Short-term holder NAV premium at 16% signals moderate interest, well below FOMO levels. Spot Bitcoin ETFs have entered a strong buy regime following last week’s second-largest single-day inflow of $1.18 billion. Bitcoin (BTC) price posted its most significant weekly gain…
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