Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023

A “major leading indicator” for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says.

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Bitcoin Fear & Greed Index Drops To Neutral For The First Time In July

Data shows that Bitcoin investor sentiment has worsened to neutral for the first time in July as the asset’s price has continued to endlessly consolidate. Bitcoin Fear & Greed Index Is Now Pointing At “Neutral” The “Fear & Greed Index” is an indicator that tells us about the general sentiment among the investors in the […]

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Bitcoin’s Age-Consumed Metric Surges, Pointing Towards Resurgent Network Activity

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Two On-Chain Indicators Show Strong Signs Of BTC $29k Price Despite Slight Drop

Bitcoin (BTC) has had a wild run this year after recording over 72% growth over the past months with several indicators pointing upward despite slight price corrections.  The price of BTC was riddled with a little over 10% price fluctuations between $27,000 and $30,000 from April 25 to May 1. On a much positive front, […]

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Over 225,000 bitcoin transactions are unconfirmed as Ordinals bloat mempool

There are over 225,000 unconfirmed transactions in the Bitcoin memory pool (mempool), pointing to increasing demand for the network

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Over half of bitcoin supply is dormant as accumulation continues

On-chain analytics provider Glassnode has recently released a report indicating that over 50% of the Bitcoin supply is in a state of dormancy, pointing to a prevalent trend of holding and accumulating the digital currency.

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Bitcoin (BTC): Analyst Identifies 9 Factors Pointing to Bull Run

Bitcoin has entered new regime of upward momentum

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Majority of bitcoin hashrate is controlled by two pools: ETH developer strikes BTC

Ethereum developer Evan Van Ness voiced concern over bitcoin’s (BTC) mining centralization, pointing out that the top two mining pools control more than half of the total hashrate. In a Dec. 27 Twitter thread, Van Ness said that out of…

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Bitcoin Signals Short Term Bullishness, Move Towards $24K Next?

Bitcoin has witnessed a massive plunge from the $30,000 level to $20,000 in the month of June.  Price of Bitcoin has been witnessing movement within a range of $20,000 and $21,000 respectively. The short term technical outlook of the coin has been pointing towards bullishness.

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Two Months Of Extreme Fear Leaves Crypto In Panic, Bitcoin At $20K

Data shows the crypto market has been observing extreme fear for two months now, leaving investors in panic as Bitcoin has crashed to $20k. Crypto Fear And Greed Index Is Still Pointing To “Extreme Fear” As per the latest weekly report from Arcane Research, the cryptocurrency market has now been facing extreme fear for two months now, the longest streak in history.

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Bitcoin will explode ‘north’ the moment the Fed glitches, says Novogratz

Bitcoin price will rally hard the moment the US Federal Reserve begins to dial down on its aggressive monetary approach, Mike Novogratz, the CEO of Galaxy Digital said on Tuesday. His comments come as the Fed begins its June meeting, with a 50 basis point rate hike on the table, but with market analysts pointing […] The post Bitcoin will explode ‘north’ the moment the Fed glitches, says Novogratz appeared first on Invezz.

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The Bitcoin Network Is As Healthy As Ever

Entities transacting on Bitcoin, network value and the number of addresses with non-zero balances all continue to grow, pointing toward greater adoption.

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Surge In Bitcoin Open Interest Suggests A Short Squeeze Was Behind Late May Rally

The opening of the trading week had seen bitcoin surge again and had touched as high as $32,000, albeit briefly. This recovery had taken the market by surprise given that indicators were pointing toward more bearish trends.

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Bitcoin Is Consolidating But Is A Rally Near?

Bitcoin has been laterally trading for almost a week now. The coin has continued to remain under the $30,000 price level. The technical outlook of Bitcoin could be pointing at a turnaround in prices on the long term price chart.

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Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It

Everyone celebrated the arrival of institutional investors to the bitcoin market as their rising adoption helped send prices soaring. Now, with correlations to traditional markets at an all-time high, fingers are pointing over the market swoon.

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Quant Explains How Bitcoin Funding Rate Predicted The Latest Top

A quant has explained how the Bitcoin funding rate (72 hour) may be able to correctly signal tops and bottoms in the price of the crypto. Bitcoin Funding Rate May Be Able To Indicate Tops And Bottoms In The Market As explained by an analyst in a CryptoQuant post, the 72-hour version of the funding rate looks to have been effective at pointing out tops and bottoms in the BTC market.

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Bitcoin eyes highest weekly close since early February as BTC price hovers under $42K

Things are looking up on higher timeframes for Bitcoin price action, with stocks also pointing higher on Friday.

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Bitcoin Inflows On The Rise Despite Declining Prices

Bitcoin has declined o the $37,000 price range signaling what might be the beginning of another stretched-out bear market. The trend keeps pointing towards further downside as investors become warier of the market.

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Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says

Bitcoin’s latest sideways movement caused a stir in the crypto market, with traders pointing fingers to a variety of different factors as the main catalysts for the slump. The post Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says appeared first on CryptoSlate.

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Bitcoin Sentiment Suggests Serious Greed, But Will A Correction Come?

As Bitcoin made a new all-time high above $68k, the crypto market sentiment changed to extreme greed. Periods of such sentiment have lead to corrections in the past, but will the trend be similar this time? Bitcoin Fear And Greed Index Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index is now pointing at extreme greed as BTC makes a new ATH.

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Despite Decline In Bitcoin Price, Market Remains Greedy

Data shows that the crypto market has continued to remain greedy, despite the recent downtrend in Bitcoin’s price. The Fear And Greed Index Says The Bitcoin Market Is Still Greedy As per the latest weekly report from Arcane Research, the fear and greed index has been pointing towards greed since almost a month now.

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Fickle Bitcoin Market Surges From Fear To Greed In A Flash

The Bitcoin fear and greed index has started to quickly change to extreme greed as the crypto continues to rally up. Bitcoin Fear And Greed Needle Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index quickly turned to extreme greed values last week.

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Does Surging Crypto Market Greed Point To Another Bitcoin Correction?

Data shows greed in the crypto market is on the rise, a signal that another Bitcoin correction could be coming soon. Fear And Greed Meter Says Crypto Market Has Turned Greedy As per the latest report from Arcane Research, the fear and greed meter has started pointing towards greed after showing fear for the past few weeks.

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Will Fear And Greed Keep Bitcoin Buyers From The Halloween Effect?

Data shows the Bitcoin fear and greed index has been pointing towards fear lately, something that might keep buyers from the Halloween Effect. The Bitcoin Fear And Greed Index Points At Fear The BTC fear and greed index is an indicator that measures the sentiment and emotions of the market based on various sources, and displays them on a numeric meter.

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Bitcoin Price “Pitchfork Channel” Could Pin-Point The Last Dip Ever

After this week’s flash crash in Bitcoin and altcoins, sentiment is back to being bearish just like that. Bears are taking an “I told ya so” tone all over social media, pointing to early 2018’s “dead cat bounce” as evidence of the bear market to come.

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“Too Much Concentration Of Wealth With BTC Whales” – Mark Cuban On Bitcoin vs. Dogecoin

Despite bitcoin fast proving to be a monetary standard and store of value, the Dallas Mavericks boss Mark Cuban who sees it as more of a digital version of gold than a currency is not a fan. On Friday, a seemingly irate Bitcoiner sparked a spirited discussion pointing at the American Billionaire about a recently […]

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Bitcoin: When can we expect a potential Golden Cross

Bitcoin will have a huge impact on the market if it successfully achieves what its indicators seemed to be pointing towards. With BTC trading close to $40,000 at the moment, analysts have become skeptThe post Bitcoin: When can we expect a potential Golden Cross appeared first on AMBCrypto.

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Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty

On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market.

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There may be 'merit' to DOGE doing this in the face of 'slow' Bitcoin, Ethereum

Dogecoin and Elon Musk have stuck together for a long time. So much so that the tech giant has even stepped up to defend the project while pointing out the flaws in Bitcoin and Ethereum. On Friday, MuThe post There may be 'merit' to DOGE doing this in the face of 'slow' Bitcoin, Ethereum appeared first on AMBCrypto.

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Bitcoin price will likely shrug off $530M GBTC unlock in July — Analysis

New research questions the gravity of the upcoming unlocking events at the Grayscale Bitcoin Trust, pointing to bigger potential price threats later in 2021.

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Bitcoin Could Fall To $10K, Louis Navellier

Louis Navellier was on CNBC to talk about the current chart movements in Bitcoin. Talking about the price movements, Navellier said he believed that the price could very well fall below $10k. According to Louis Navellier, the pandemic is taking us back to where we were before it all started. Pointing out that the price […]

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Bitcoin’s Daily Active Addresses Plummet As Top Theory Builds Momentum

Morale is down in Bitcoinland and so are the number of DAA. Does this mean that we already reached the top of this cycle? It might, but that’s not set in stone. We’re in no man’s land and our compass is pointing everywhere at once.

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Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia

A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic jurisdictions is not one-sided.

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Chia Is Eyeing to Launch an IPO This Year

Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to statements from its COO, Gene Hoffman. The company just received an influx of investments that are pointing it to become the next ‘green bitcoin substitute,’ due to its relatively low energy consumption compared […]

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Fear and Greed Index Lowest Since the COVID-19 Crisis

The Fear and Greed Index for Bitcoin showed the lowest value in more than a year, pointing to fear level at 26 yesterday. The last time such pessimistic sentiment was recorded in March-April 2020 during the market crash caused by the first wave of the COVID-19 pandemic.

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Stablecoin Supply Rising, Diminishing Bitcoin Reserves Ready To Fuel Next Leg Up

Bitcoin price is back in the mid-$50,000 range, unable to push any lower despite bears best efforts and overheated technical indicators pointing to a potential trend reversal. However, several fundamental factors are proving to be too strong, and are setting the stage for the next leg up in the ongoing cryptocurrency bull trend instead. Here’s […]

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The Many Facts Pointing to Cypherpunk Len Sassaman Being Satoshi Nakamoto

Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a great number of sleuths have made it their mission to discover the inventor’s identity. One particular theory was published this month which attempts to tether the well known and now deceased, Len Sassaman to the creation of the first cryptocurrency. Moreover, […]

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Bitcoin Handover to Rich Wallets Underway as Price Declines: Analyst

Bitcoin dipped on Monday after hitting a new record high in the previous session, pointing to a spike in profit-taking sentiment among daytraders. The analogy was visible in the statistics shared by an independent analyst on Twitter.

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Bitcoin Under Pressure as Focus Shifts on Wild Crypto Rivals

The BTC/USD exchange rate corrected sharply after hitting its record high of $42,000 on Tuesday, pointing to a spike in profit-taking sentiment.

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Bitcoin Explodes Above $44K After Tesla Buys BTC: What’s Next?

Bitcoin exploded to a new record high on Monday after Tesla revealed that it had purchased around $1.5 billion worth of the cryptocurrency in January. The flagship cryptocurrency reached $44,900 ahead of the New York opening bell, pointing to extended gains as traders rejoiced the entry of the Wall Street’s fifth-largest firm into the cryptocurrency […]

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$1.9 Trillion Stimulus Coming to Bitcoin and ETH

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Fractal Suggests Ethereum has Room to Fall Before Bulls Can Spark Next Uptrend

Ethereum has seen some notable momentum in recent days that has allowed its price to set fresh all-time highs Each break above its previous all-time highs around $1,450 has been fleeting, however, which is a grave sign that could mean downside is imminent For now, ETH’s price action remains firmly correlated to that of Bitcoin, with the benchmark cryptocurrency seeing some turbulence that has shaken its market structure One analyst is now pointing to a […]

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What are the chances that Bitcoin will ever see $20,000 again?

Most Bitcoin price predictions by technical and on-chain analysts on Crypto Twitter are pointing towards further price discovery beyond $41000 and top on-chain analyst Willy Woo commented on this debaThe post What are the chances that Bitcoin will ever see $20,000 again? appeared first on AMBCrypto.

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VanEck Files for a Bitcoin ETF Again; This Time It Will Physically Hold BTC

The $49 billion investment firm says the Bitcoin market has matured, pointing to better infrastructure, regulated exchanges, and support from OCC. The post VanEck Files for a Bitcoin ETF Again; This Time It Will Physically Hold BTC first appeared on BitcoinExchangeGuide.

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Ethereum is Gearing Up for a Massive Breakout; Here’s How High It May Surge

Ethereum has been seriously underperforming Bitcoin over the past few weeks, which comes as most altcoins lose significant value against BTC ETH has seen a few sharp rises that have helped it to buck this trend and gain some ground against BTC However, it has still been generally unable to keep up with Bitcoin’s massive momentum This trend may not last for long, however, as one analyst is now pointing to a few factors that […]

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Bitcoin Forms Parabolic Trendline, But Veteran Trader Eyes Potential Correction

Bitcoin and the entire cryptocurrency market have been caught within a parabolic advance as of late, with BTC leading the charge as altcoins follow its lead Where the cryptocurrency trends next will undoubtedly depend on whether or not bulls can maintain control of its price action as it approaches $30,000 This rally is nothing short of parabolic, with Bitcoin tapping a half a trillion-dollar market cap yesterday evening One veteran trader is now pointing to […]

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Bitcoin Rallies Towards $24,000 as Market-Wide Uptrend Continues

Bitcoin saw a massive surge higher earlier today that allowed it to break above $24,000 for the first time Where the aggregated crypto market trends in the mid-term may depend largely on whether or not buyers can flip $24,000 into a support level It does appear that the selling pressure just above here is quite intense and may cause it to see continued weakness One trader is now pointing to the resistance just above where […]

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Bitcoin Breaks Below Key Bullish Trendline as Analysts Eye Move to $18,400

Bitcoin has been showing some serious signs of strength throughout the past few days and weeks Bulls have been in full control of the cryptocurrency’s price action, but are starting to lose their edge over bears as the crypto drifts lower Where it trends in the mid-term will depend largely on whether or not buyers can defend against a break below $18,600 One trader is pointing to this as the first key support level it […]

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The Most Profitable Buy Signal In Bitcoin Is About To Trigger Despite Distance From ATH

Bitcoin price this week set a new all-time high price record, taking the leading cryptocurrency by market cap to right below $20,000 before a minor pullback began. And while there is always a possibility that the asset could see a stronger correction given how overheated it is and how profitable the year of 2020 has been, one indicator is pointing to significant upside from here instead.

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