Bitcoin ‘tends to bounce back’ in July after negative June: Analyst

2024-7-1 13:38

Bitcoin plunged by 9.25% over the past 30 days. However, analyst Ali Martinez noticed that BTC shows an average price rebound of 7.98% in July after a “negative June.”

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Bitcoin (BTC) на Currencies.ru

$ 62934.07 (+0.04%)
Объем 24H $30.062b
Изменеия 24h: -1.40 %, 7d: 4.65 %
Cегодня L: $62805.05 - H: $63209.62
Капитализация $1243.379b Rank 1
Цена в час новости $ 62654.44 (0.45%)

negative analyst bitcoin july june btc martinez

negative analyst → Результатов: 78


Bitcoin ETF Alert: Analyst Issues Major Warning – Brace For Impact

Samson Mow, a well-known Bitcoin advocate, has expressed his belief that the latest outflows will eventually reverse, cautioning the crypto community to “plan accordingly.” Responding to concerns raised about potential decreases in Bitcoin’s price due to negative market sentiment, Mow emphasized the fundamental drivers of the leading cryptocurrency, highlighting its ultimate scarcity and unlimited demand. […]

2024-3-22 14:30


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CryptoQuant Analyst Thinks Bitcoin Will See A “Significant Pullback” Soon

A CryptoQuant analyst believes a significant pullback for Bitcoin could be inevitable based on the net taker volume indicator data. Bitcoin Net Taker Volume Has Plunged Into Negative Zone Recently As CryptoQuant Netherlands community manager Maartunn explained in a post on X, the BTC net taker volume has recently turned red. The “net taker volume” […]

2023-11-23 07:00


Top Crypto Analyst Pizzino Says the Market is ‘Overreacting’ on Binance News – Updates Outlook for Solana, Chainlink and These 2 Altcoins

The crypto market is in a state of uncertainty following recent negative news concerning top exchange Binance and a major decline in the price of Bitcoin. Prominent crypto analyst Jason Pizzino provides an insightful review of these developments and shares his predictions on what may come next.

2023-11-22 11:37


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Analyst Reveals Why Ethereum Is Underperforming Against Bitcoin

Ethereum has been notably underperforming Bitcoin through this latest rally. Here’s why this is so, according to a CryptoQuant analyst. Ethereum Net Taker Volume Has Been Mostly Negative Recently In a new post on X, CryptoQuant Netherlands community manager Maartunn has pointed out what the “net taker volume” for Ethereum is looking like.

2023-11-2 03:00


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.

2023-4-20 19:00


Bitcoin Exchange Outflows Reach Highest Value Since FTX Crash, Bullish?

On-chain data shows Bitcoin exchanges have registered the most significant outflows since the collapse of the crypto exchange FTX back in November. Related Reading: Bitcoin Investors Turn Greedy For First Time Since March 2022 Bitcoin Exchange Netflow Shows Deep Negative Values As an analyst in a CryptoQuant post pointed out, around 7,000 coins have left the exchange in this latest spike.

2023-1-28 21:16


Bitcoin Bearish Signal: Miners Continue To Dump

Data shows the Bitcoin miner reserves have continued to trend downwards recently, suggesting that miners have been dumping their coins. Bitcoin Miners Have Been Withdrawing From Their Wallets In Recent Days As pointed out by an analyst in a CryptoQuant post, BTC miner reserves have been observing negative change recently, something that could lead to a decline in the price of the crypto.

2022-8-25 22:00


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Analyst: Bitcoin is headed for resistance amid FOMC bounce

Bitcoin (BTC/USD) is up 3.2% in the past 24 hours to currently trade around $21,671 and ease off lows seen on Tuesday when a number of negative news reports impacted sentiment. After hitting intraday lows of $20,780 on Tuesday amid reports of SEC investigations against crypto exchange Coinbase, and a Treasury Department probe on Kraken, […] The post Analyst: Bitcoin is headed for resistance amid FOMC bounce appeared first on Invezz.

2022-7-27 21:19


Has Bitcoin Hit Bottom Yet? Here’s What On-Chain Data Says

Bitcoin continued to crash down yesterday, with the coin hitting as low as $21k before rebounding to current values. Has the crypto made the bottom yet? Bitcoin NUPL Indicator Assumes Negative Values For First Time Since 2020 As pointed out by an analyst in a CryptoQuant post, the NUPL metric has declined below zero, which could be a sign that the crypto may be approaching a bottom.

2022-6-14 22:00


Bitcoin Funding Rates Remain Negative For More Than A Week

On-chain data shows the Bitcoin funding rates have mostly remained negative for more than a week now. If past trend is anything to go by, this may mean that a bottom could be near. Bitcoin Funding Rates Have Now Remained Mostly Negative For More Than Seven Days As pointed out by an analyst in a CryptoQuant post, the Bitcoin funding rates have been negative in the past week for the most part.

2022-2-1 22:00