CryptoQuant: Bitcoin 2023 Price Rally Is Proof Crypto Would Revisit All-Time High Early Next Year

Coinspeaker CryptoQuant: Bitcoin 2023 Price Rally Is Proof Crypto Would Revisit All-Time High Early Next Year CryptoQuant's Business Development executive Benjamin Brannan exposited on the Bitcoin's 'favorable' price optics in 2023.

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Can BTC endure the pain of the crossfire between STHs and market panic

BTC short-term holders could be the reason for BTC's latest price drop as per CryptoQuant's latest analsysis However, as of 10 May, market panic and FUD led to BTC dropping from $28k to 26k in The post Can BTC endure the pain of the crossfire between STHs and market panic appeared first on AMBCrypto.

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Will Bitcoin's price touch $25,000 mark in near term? Analysts suggest....

Two CryptoQuant analysts have opined that BTC's price will fall below $25,000. BTC's selling pressure has outweighed its buying pressure in the past few days.  As Bitcoin’s [BTC] weightedThe post Will Bitcoin's price touch $25,000 mark in near term? Analysts suggest.... appeared first on AMBCrypto.

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Ethereum [ETH]: Decoding the possibility of a price correction as failed transactions surge

The total number of failed Ethereum transactions exceeded 500,000. ETH's price craters as network activity experienced a dip. According to data from CryptoQuant, there was a significant surgThe post Ethereum [ETH]: Decoding the possibility of a price correction as failed transactions surge appeared first on AMBCrypto.

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This Highly Profitable Bitcoin Cross Has Just Formed Again

On-chain data shows that a Bitcoin cross that has proved quite profitable has once again formed for the cryptocurrency. Bitcoin Realized Price Of Short-Term Holders Overtakes Long-Term Holders As an analyst in a CryptoQuant post explained, the realized price of the 1 to 3 months holders has just exceeded that of the 6 to 12 months investors.

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Bitcoin Bearish Signal: NVT Golden Cross Enters Overbought Zone

On-chain data shows the Bitcoin NVT Golden Cross has entered into the overbought region, something that could be bearish for the price. Bitcoin NVT Golden Cross Has Been Going Up Recently As pointed out by an analyst in a CryptoQuant post, the most recent touch of this zone led to a drop in the price of the cryptocurrency.

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A Crypto Mining Firm May Have Moved $150M in Bitcoin, CryptoQuant Says

The price of bitcoin dropped by 3% on the day the $150 million was moved out of the miner's wallet.

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Bitcoin ‘ESR’ Continues To Show Bullish Divergence, Will Price Follow?

Bitcoin on-chain indicator Exchange Stablecoin Ratio (ESR) has continued to show bullish divergence recently. Will the price also mimic this? Bitcoin ESR Has Continued To Sharply Ascend In Recent Weeks As explained by an analyst in a CryptoQuant post, the ESR is currently acting as a leading indicator for BTC’s price.

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What’s Behind The Recent Bitcoin Drop? Here’s What On-Chain Data Says

Bitcoin on-chain data hints that selling from the miners may have been behind the latest plunge in the asset’s price below the $28,000 mark. Bitcoin Miners Have Shown Signs Of Selling Recently As pointed out by an analyst in a CryptoQuant post, miners had been putting on some selling pressure on Bitcoin while the decline had happened.

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Bitcoin Exchange Outflows Spike, Bullish Sign?

On-chain data shows the Bitcoin exchange outflows have seen a significant spike during the past day, a sign that may be bullish for the price. Bitcoin Exchange Outflows Have Observed A Large Spike Today As pointed out by an analyst in a CryptoQuant post, a total of 2,138 BTC has been taken out of exchanges during the last day.

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Quant Explains Bitcoin Funding Rates Pattern That Precedes Uptrends

A quant has explained how a specific Bitcoin funding rates pattern has preceded uptrends in the asset’s price during recent months. The Bitcoin 72-Hour MA Funding Rates Pattern That May Kick Off Uptrends As explained by an analyst in a CryptoQuant post, the price has started rising recently whenever the metric has been near zero inside the negative zone.

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Bitcoin Bearish Signal: Supply Older Than 7 Years On The Move

On-chain data shows a large amount of Bitcoin supply dormant for more than 7 years ago has moved recently, a sign that may be bearish for the price. Bitcoin Supply Aged Between 7 And 10 Years Old Has Been Transferred Recently As pointed out by an analyst in a CryptoQuant post, the movement of such an old supply has generally led to a drop in the price of the cryptocurrency in the past.

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Bitcoin Korea Premium Index Turns Red, Decline Incoming?

Data shows the Bitcoin Korea Premium Index has taken a negative value recently, something that could lead to a drawdown in the asset’s price. Bitcoin Korea Premium Index Has Declined Into Negative Values Recently As pointed out by an analyst in a CryptoQuant post, past instances of this trend have resulted in pullbacks for the price of the cryptocurrency.

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Bitcoin Older Than 5 Years Abruptly Moves, Bearish Sign?

On-chain data shows a large amount of Bitcoin sitting dormant since between 5 and 7 years ago has moved recently, a sign that may be bearish for the price. 5+ Years Old 1,005 BTC Has Been Recently Moved On The Bitcoin Blockchain As pointed out by an analyst in a CryptoQuant post, there is a possibility that this move could cause a drop in the price of the asset.

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Bitcoin MVRV Ratio Approaches 1.5 Level, Will Break Happen?

On-chain data shows the Bitcoin MVRV ratio is approaching a retest of the 1. 5 level, breaking above which may be bullish for the asset’s price. Bitcoin MVRV Ratio Has Been Going Up In Recent Days As explained by an analyst in a CryptoQuant post, the 1.

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Bitcoin Open Interest Shoots Up With Price Rise, Long Squeeze Brewing?

On-chain data shows the Bitcoin open interest has been rapidly going up with the price, a sign that a long squeeze may be brewing in the market. Bitcoin Open Interest Has Seen Sharp Rise Recently As pointed out by an analyst in a CryptoQuant post, the funding rates are also highly positive right now. The […]

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Bitcoin Price Rally Stalls as Whales Take Profits: CryptoQuant

Holders are taking short-term profits at the widest margin in more than a year, CryptoQuant analysts said.

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Bitcoin Net Taker Volume Nears In On Bullish Crossover

On-chain data shows the Bitcoin net taker volume is approaching a break above a line that has historically been a bullish signal for the price. Bitcoin Net Taker Volume Has Been Moving Towards Zero Line Recently As pointed out by an analyst in a CryptoQuant post, this kind of crossover has appeared four times during the past year or so.

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Bitcoin Mid-Term Holders Move 50,000 BTC, Bearish Signal?

On-chain data shows the Bitcoin “mid-term holders” have been spotted moving 50,000 BTC on the chain, a sign that may be bearish for the price. Bitcoin Tokens Aged Between 3-6 Months Have Moved Recently As pointed out by an analyst in a CryptoQuant post, this kind of trend has proved to be volatile for the cryptocurrency in the past.

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Quant Explains How Bitcoin ‘ESR’ Can Act As Leading Indicator For Price

A quant has explained using on-chain data how the Bitcoin Exchange Stablecoins Ratio (ESR) may act as a leading indicator for the price. Bitcoin ESR Has Shown Divergence From The Price Recently As explained by an analyst in a CryptoQuant post, the ESR is acting as a leading metric for BTC and other coins in correlation with the cryptocurrency.

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Quant Points Out Curious Relationship Between USDT Inflows & Bitcoin Price

A quant has explained using on-chain data that an interesting relationship may exist between the USDT exchange inflows and Bitcoin price. USDT Derivative Exchange Inflows May Be Influencing Bitcoin Price As pointed out by an analyst in a CryptoQuant post, many stablecoins entering into derivative exchanges have recently preceded a rise in the BTC price.

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Bitcoin Retests Realized Price, Will Rally Be Saved?

On-chain data shows the Bitcoin price is now making a retest of its realized price, can this help push the asset’s value back up and restart the rally? Bitcoin Is Now Retesting Its Realized Price Of About $19,700 As an analyst in a CryptoQuant post pointed out, BTC has to maintain this level if the […]

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Bitcoin Long-Term Holders Still Holding Strong Despite Price Decline

On-chain data shows that Bitcoin long-term holders have continued to hold strong recently despite the price of the asset taking a blow. Bitcoin Long-Term Holders Continue To Not Show Any Significant Movements As pointed out by an analyst in a CryptoQuant post, short-term holders have continued to apply selling pressure recently.

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Why Did Bitcoin Plunge? Here’s What On-Chain Data Says

Bitcoin has slipped under the $20,000 level today for the first time in two months. Here’s why this plunge may have taken place, according to on-chain data. Bitcoin Price Dropped With Coinbase Premium Turning Negative As pointed out by an analyst in a CryptoQuant post, the U.

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Bitcoin Miner Reserve Plunges, Bearish Sign For Price?

On-chain data shows the Bitcoin miner reserve has observed a decline recently, a sign that may be bearish for the price of the cryptocurrency. Bitcoin Miner Reserve Has Been Going Down In Recent Days As pointed out by an analyst in a CryptoQuant post, the BTC miner reserve has now hit new yearly lows.

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Bitcoin Miners Appear Not To Sell Or Care About Price, Is This Bullish?

Data from CryptoQuant suggests that Bitcoin miners might, after all, not care about price and all the fear, uncertainty, and doubt (FUD) in recent days. Bitcoin Miners Are Not Selling According to CryptoQuant’s Miners’ Position Index (MPI), a ratio between the total miner BTC outflows and the 365-day moving average of the same reading, Bitcoin miners have not been sending their coins to external addresses, typically exchanges.

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Bitcoin MVRV Approaches Crucial Retest, Here’s What Can Happen Next

On-chain data shows Bitcoin MVRV is approaching a crucial retest currently. Here’s what a successful liftoff could mean for the crypto’s price. Bitcoin MVRV Ratio Is Nearing Its 100-Day EMA Line As pointed out by an analyst in a CryptoQuant post, BTC has gone on to see long-term growth whenever the metric has responded to this line before.

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This Bitcoin Metric Is Forming A ‘Triple Bottom,’ Here’s What Happened Last Time

On-chain data shows the Bitcoin active addresses metric is forming a triple bottom right now. Here’s what happened the last time this pattern formed. 30-Day WMA Bitcoin Active Addresses Forms Triple Bottom Structure As pointed out by an analyst in a CryptoQuant post, the price of the cryptocurrency saw a sharp increase when this kind of triple bottom structure took shape back during the 2018-2019 bear market.

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Bitcoin: Historical precedents point at a price rally in 2023 with this condition

BTC's price might see a further upward movement as the year progresses. Many investors currently hold the king coin at a profit. According to two analysts from CryptoQuant, history suggests The post Bitcoin: Historical precedents point at a price rally in 2023 with this condition appeared first on AMBCrypto.

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Bitcoin whales shrink assets- Here's what to expect from BTC in March

Some Bitcoin whales have reduced the number of coins they hold. A CryptoQuant analyst says the BTC price could trend lower in the short term. The number of addresses holding 1000 Bitcoin [BTThe post Bitcoin whales shrink assets- Here's what to expect from BTC in March appeared first on AMBCrypto.

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Bitcoin Bearish Signal: Exchange Whale Ratio Surges

On-chain data shows the Bitcoin exchange whale ratio has been surging recently, a sign that may be bearish for the cryptocurrency’s price. Bitcoin Exchange Whale Ratio (72-Hour MA) Has Observed A Rise Recently As an analyst in a CryptoQuant post pointed out, the metric’s value is now close to the risk area.

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Quant Explains How Bitcoin Derivatives Data Can Be Used For Trading

A quant has explained how the data of the Bitcoin derivatives indicators like open interest and liquidations can be leveraged as a short-term trading tool. Bitcoin Derivatives Market Data As A Short-Term Trading Tool As explained by an analyst in a CryptoQuant post, yesterday’s price action was a good example of how the futures market influences the value of the cryptocurrency.

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Bitcoin Coinbase Premium Surges, What Does It Mean?

Data shows the Bitcoin Coinbase premium index has shot up recently. Here’s what this may mean for the price of the cryptocurrency. Bitcoin 30-Day SMA Coinbase Premium Index Shows Rapid Surge As pointed out by an analyst in a CryptoQuant post, the volatility could increase for the coin in the near future. The “Coinbase premium […]

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This Bitcoin On-Chain Metric Is At A Historical Resistance, Will BTC Decline?

This Bitcoin on-chain metric is currently at a level that has historically provided resistance. Will BTC decline after this retest this time as well? Bitcoin Short-Term Holder SOPR Is At The “Sell” Level As pointed out by an analyst in a CryptoQuant post, the bitcoin price has fallen at this level in the past.

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Bitcoin [BTC]: The rest of the month may not be fruitful, here is why

BTC's Realized Capitalization showed that the leading coin is now overbought. On-chain assessment hints at a price drawback in the coming days.  According to CryptoQuant analyst Axel Adler The post Bitcoin [BTC]: The rest of the month may not be fruitful, here is why appeared first on AMBCrypto.

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Cryptoquant says bitcoin bull market starting

According to an analysis released by the official CryptoQuant account, the recent surge in the price of bitcoin and the market, in general, is only a warm-up for a more significant movement that will occur in the future.

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Bitcoin Supply In Loss Hits A 9-Month Low

According to on-chain data from CryptoQuant, a blockchain analytics platform, the Bitcoin supply in loss with the seven-day moving average stands at 32%, a nine-month low. This is the lowest level since April 2022, when the Bitcoin price was changing hands at the $40,000 range.

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Bitcoin Exchange Whale Ratio Surges, What Does It Mean?

On-chain data shows the Bitcoin exchange whale ratio has surged recently. Here’s what it may mean for the price of the cryptocurrency. Bitcoin Exchange Whale Ratio (72-Hour MA) Breaks Above 85% As pointed out by an analyst in a CryptoQuant post, the BTC whale ratio is rising right now.

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Bitcoin Short-Term Holder Profit-Taking Spikes, Will BTC Price Recover?

On-chain data shows Bitcoin short-term holder profit-taking has spiked, will this lead to a correction in the price of the crypto? Bitcoin Short-Term Holder SOPR Has Surged Recently As pointed out by an analyst in a CryptoQuant post, instances of the current trend have led to declines in the crypto’s price in the past.

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Bitcoin (BTC) Price Over $23,300, but Market Is Not Overheated, Two Indicators Say

Dan Lim, seasoned trader and author on CryptoQuant analytical platform, is sure that Bitcoin (BTC) is not oversold yet

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Bitcoin Bearish Signal: Spot And Derivative Reserves Shoot Up

On-chain data shows the Bitcoin spot and derivative exchange reserves have both shot up recently, a sign that could be bearish for the price. Bitcoin Spot And Derivative Reserves Register Growth As pointed out by an analyst in a CryptoQuant post, the open interest and the funding rates are also heating up in the BTC market.

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Bitcoin ‘not undervalued yet,’ says research as BTC price drifts nearer to $16K

An indicator tracking transactions in profit and loss has yet to repeat its traditional bear market bottom sequence, says CryptoQuant.

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VeChain: Can VeSea’s achievement help VET on its price front? 

VeChain’s RSI and stochastic were in oversold positions. The network recently achieved a milestone in its NFT ecosystem. A major bull signal was revealed recently by CryptoQuant. The analyThe post VeChain: Can VeSea’s achievement help VET on its price front?  appeared first on AMBCrypto.

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Is Bitcoin [BTC] bottom far ahead of us? These analysts have the answer

BTC is currently undervalued, and its price might decline further. Day traders continue to sell off the king coin. CryptoQuant analyst MAC_D, in a new report, stated that the leading coin BiThe post Is Bitcoin [BTC] bottom far ahead of us? These analysts have the answer appeared first on AMBCrypto.

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Bitcoin Interexchange Flow Pulse About To Reverse, What Does It Mean?

On-chain data shows the Bitcoin Interexchange Flow Pulse is about to see a trend reversal, here’s what it may mean for the crypto’s price. Bitcoin Interexchange Flow Pulse Is Crossing Over Its 90-Day MA As per CryptoQuant’s on-chain year-end dashboard release, the trend shifts in this metric have historically occurred with phase changes in the market.

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Bitcoin Miner Selling Power Plunges, Green Signal For Price?

On-chain data shows the Bitcoin miner selling power has plunged recently, a sign that could be positive for the crypto’s price. Bitcoin Miner Selling Power Has Plummeted In Recent Days As pointed out by an analyst in a CryptoQuant post, there has been less selling pressure from the miners recently.

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Bitcoin Correction Soon? MVRV Triple Ribbon Approaches Bearish Cross

On-chain data shows the Bitcoin MVRV Ratio Triple Ribbon is approaching a bearish cross, a sign that a correction could be coming soon for the crypto’s price. Bitcoin MVRV Ratio Triple Ribbon Is Close To Bearish Crossover As pointed out by an analyst in a CryptoQuant post, the MVRV ratio warns that a new round of decline may be coming for BTC.

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A Full Ether Meltdown Might Be Looming On The Horizon Due To These Alarming Factors — Analysis

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Will Bitcoin [BTC] close 2022 at a price bottom? These analysts believe...

CryptoQuant analysts have found that at its current price, BTC's bottom is in. The on-chain assessment revealed the re-entry of "smart money" into the market.  After trading momentarily aboThe post Will Bitcoin [BTC] close 2022 at a price bottom? These analysts believe... appeared first on AMBCrypto.

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