Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers
Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000. Source link
Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000. Source link
More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC. Source link
83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022. Source link
Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction. Source link
Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings. Source link
CryptoQuant analysts say Bitcoin miners are showing signs of “capitulation” as profit margins tighten in the post-halving climate and BTC price falls close to $50,000. Source link
Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower. Source link
Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing. Source link
Capriole Investments founder Charles Edwards says that multiple onchain metrics point to a “sign of weakness” in Bitcoin price. Source link
Bitcoin’s trend change decision awaits at $65,000 where short-term traders breakeven and leveraged shorts risk a major washout. Source link