Key takeaways: Bitcoin dropped to $122,500 on Tuesday, but onchain data shows no signs of an overheated market. The resistance at $135,000 remains the main BTC price barrier for now, with key support around $120,000. Market analysts said Bitcoin’s upside remained intact despite the 1.7% correction from its all-time high of $126,200 reached on Monday.…
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Key takeaways: Another Bitcoin price pullback to $117,000 is possible before the uptrend resumes. A classic chart pattern puts BTC price on course for $145,000 in the next few months. Bitcoin (BTC) reached a six-week high of $119,500 on Thursday, following a 10% rise from its local low of $108,650 seven days prior. BTC has…
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Key takeaways: The stablecoin SSR RSI signals “buy,” indicating high buying power. Long-term Bitcoin holders have accumulated 298,000 BTC. Bitcoin’s green September close historically precedes Q4 rallies, averaging 78% gains. Bitcoin (BTC) whipsawed through September, but managed to close the month 5% higher at $114,000 on Tuesday. Several key indicators now suggest that the recent…
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Key takeaways: Bitcoin’s entity-adjusted dormancy flow dropped below 250,000, a historical buy zone. The short-term holder NUPL turned negative, indicating seller exhaustion. Bitcoin’s V-shaped and double-bottom chart patterns suggest a potential rise to $118,000-$124,500 in the short term. Bitcoin (BTC) price traded 5% above its local low of $108,650, with three indicators suggesting that this…
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Key takeaways: Bitcoin’s bull market still has room to run with a target range of $150,000-$300,000, analysts say. BTC must decisively push above the $112,000-$114,000 zone to ignite a possible rally to $140,000. Bitcoin’s (BTC) sudden drop to $108,000 last week made it a 13% drawdown from its $124,500 all-time high, sparking fears that the…
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Key takeaways: The slowdown in spot Bitcoin ETF flows signals weak institutional demand, hinting at a cooling bullish sentiment $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $90,000. Bitcoin (BTC) sellers emerged again on Thursday as the drop to $111,000 sparked fears that a further correction toward…
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Key takeaways: Bitcoin whales sold 147,000 BTC over the past 30 days. BTC price bear flag targets $100,000 if support breaks. Bitcoin (BTC) whales have offloaded roughly 147,000 BTC over the past month, and continued selling could further pressure its price for the next few weeks, according to analysts. Large investors offload $16.5 billion in…
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Key takeaways: Positive Coinbase Premium Index signals strong US retail demand buying the dip. Strong ETF inflows and Bitcoin treasury companies bolster BTC’s recovery potential. Despite aggressive short-side pressure, the risk of another liquidation event is decreasing. Bitcoin (BTC) fell from its monthly high of around $118,000, dropping as much as 5.5% to today’s intraday…
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Key takeaways: Bitcoin dropped 4% to $112,000 in a marketwide correction, liquidating $1.6 billion in longs. Analysts say the BTC bull market may have run its course, based on several bearish onchain signals. Bitcoin bears extended the sell-side activity into the weekly open on Monday as the drop to $112,000 resulted in a large liquidation…
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Key takeaways: Bitcoin’s Illiquid supply now stands at 14.3 million BTC, a new record. Whales are absorbing nearly 300% of the yearly mined BTC supply. Bitcoin’s (BTC) illiquid supply, the coins held long-term by holders with little history of spending, has hit its highest level in history. Data from market intelligence company Glassnode shows that…
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