Long-term Bitcoin holders resume accumulation, adding almost 70,000 BTC post-downturn

Quick Take Glassnode data suggests that long-term holders who have held Bitcoin (BTC) for over 155 days are actively accumulating after offloading around 1 million BTC since late 2023. This cohort, known for selling into profits when Bitcoin reaches new all-time highs, has increased its holdings by approximately 70,000 BTC from the cycle bottom.

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Top Chainlink Analyst Reveals When LINK Could Start Wave 3 Rally and the Expected Price Targets: Key Levels to Watch

Prominent crypto analyst CryptoBullet is projecting a major bull run for Chainlink (LINK) that could see the cryptocurrency’s price surge to new all-time highs in the coming months. In a tweet posted yesterday, the analyst outlined an optimistic long-term outlook for LINK, citing clear bullish targets based on their technical analysis.

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PEPE in the long-term: Will Q2 2024 see a new ATH?

If PEPE’s price crossed $0.00001, investors might see its price rise to new highs. Metrics suggested that selling pressure on the meme coin was increasing. PEPE’s price gained bullish moThe post PEPE in the long-term: Will Q2 2024 see a new ATH? appeared first on AMBCrypto.

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These 3 Altcoins Hit All-Time Highs Today

These three altcoins all reached new all-time highs today, the culmination of a long-term increase.

The post These 3 Altcoins Hit All-Time Highs Today appeared first on BeInCrypto.

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PEPE Reaches 5-Month High – Has Accumulation Ended?

PEPE, a memecoin akin to DOGE and SHIB, is on a week-long upward trend, breaking long-term resistance for 5-month highs. The post PEPE Reaches 5-Month High – Has Accumulation Ended? appeared first on BeInCrypto.

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Bitcoin HODLers Not Selling, Will Number Break Record Highs?

The latest Glassnode data on September 18 shows that the percentage of Bitcoin supply held by long-term holders is close to an all-time high of approximately 76%. The expansion comes when the broader crypto market is recovering after crashing in recent weeks.

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This Long-Term Bitcoin Price Average Is Setting ATHs

Bitcoin price is nowhere near setting new all-time highs, but an important long-term price average is doing so, day after day, month after month. What is this moving average being referenced, and what does it setting new highs potentially mean? The 50-month moving average at the highest point ever| BTCUSD on TradingView.

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Ethereum (ETH) Diamond Hands Set New Record as ETH Price Reconquers $2,000

Share of Ethereum (ETH) circulating supply owned by long-term holders revisited historic highs, FTX collapse aftermath involved

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Bitcoin's total supply held by LTHs go up high, but here's the issue

Bitcoin's Total Supply held by Long-Term Holders continued to push toward new all-time highs. A significant number of HODLers remained confident in the BTC's long-term potential. Earlier thiThe post Bitcoin's total supply held by LTHs go up high, but here's the issue appeared first on AMBCrypto.

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Polkadot Price Predictions Set To Soar as AltSignals’ ASI Token Hits the Market. Will The New Crypto Asset Beat Polkadot?

Early 2023 has seen a long-term trend reversal in the crypto markets, as Bitcoin has started to reclaim previous price levels, and many altcoins have reached new highs. The Polkadot price prediction remains bullish over the coming years, while AltSignals (ASI), a new crypto asset launched during this period, has been attracting significant investment already.

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Bitcoin is in the middle of accumulation, on-chain data shows

In recent developments, multiple indicators by Glassnode suggest that bitcoin (BTC) is currently in an accumulation phase. Several on-chain data points have reached all-time highs (ATH), indicating increased interest and long-term holding among the investors. This metric measures the percentage…

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Long-term Bitcoin holders at all-time high, but price not cooperating

Key Takeaways Two-thirds of the Bitcoin supply has not moved in over a year Metrics for percent of supply unmoved in 2+, 3+ and 5+ years also at all-time highs The average hold period for Bitcoin on-chain is 3.

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HedgeUp (HDUP) Aims to be Next up to Lead Crypto Market in 2023 As ETH Declines From The Boom

Ethereum (ETH) was one of the cryptocurrencies flying high at the height of the crypto boom last year. The second-largest cryptocurrency by market share touched record highs of $4,891. While the rally to record high was down to price speculation, there have never been doubts about Ethereum’s (ETH) long-term prospects and use case. Ethereum Robust […]

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The Graph: Can this development push GRT to achieve new highs in the long-term

The Graph [GRT] appears to be having a rough time making a comeback after the slap down it received last week. Its attempts at a rally at the start of August demonstrated some promise for the bulls.

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Bitcoin 'finally' due for $32.8K as long-term BTC price metric flashes overvalued

An uptick to two-week highs is on the cards but longer timeframes still trouble Bitcoin analysis.

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Is Tezos a good buy opportunity in March 2022?

Tezos XTZ/USD has weakened from the recent highs above $4. 5, registered on 10th February, below $3, and the current price stands at $3. 16. The partnership with Manchester United Tezos is an open-source platform for assets and applications, and the main characteristic of this platform are smart-contract safety, long-term upgradability, and open participation.

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Comparing Apple’s Growth With Bitcoin, Why This Expert Sets $700K As Long-Term Goal

Bitcoin could be back on a downtrend as the bulls struggle to protect the $40,000 mark. The first crypto by market cap was rejected at around $44,500 and has been unable to reclaim previous highs as the bears threaten with pushing it back to the lows around $30,000.

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Bitcoin Flashes Ultra-Bullish Signal — Long-Term Holders and Whales Hit Multiyear Highs

Although the recent correction in the crypto market had quite a lasting effect, such circumstances have proven to be potentially profitable for long-term investors according to the Glassnode data analysis.

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Bitcoin cools from 1-week highs with key long-term metric echoing $44K

A “bullish engulfing” enters on multi-day charts as BTC price action manages to preserve some of Monday’s gains.

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Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average

The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits.

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Bitcoin Price Dip Necessary to Weed Out ‘Paper Hands,’ Says Meltem Demirors

CoinShares chief strategy officer Meltem Demirors has reaffirmed her confidence in the long-term value proposition of Bitcoin and cryptocurrencies. Virtual currency token prices plummeted over the last few days with altcoins shedding as much as 72 percent from their April/May highs.

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XTZ Aims for New Highs, After Reclaiming Crucial Level

XTZ is expected to continue increasing and eventually reach a new all-time high price. Long-term XTZ levels XTZ reached an all-time high price of $7. 75 on April 16. It has been moving downwards since then.

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“Exponential Decay” Of The Dollar To Benefit Bitcoin Long-Term

Bitcoin is now reeling after a rejection prevented further highs around the time Coinbase Global went live on the Nasdaq. The same stock market has also been booming alongside crypto – both markets gone parabolic against a common denominator: the dollar.

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OMG Pumps Ahead of Listing, DOT and ARDR Aim for New Highs

Polkadot (DOT) has reclaimed the $41. 50 resistance area and is heading for a new all-time high (ATH) price. Ardor (ARDR) has broken out from the long-term $4. 35 resistance area. OMG network (OMG) After numerous unsuccessful attempts, OMG managed to finally break out above the long-term $7.

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5 key reasons why Bitcoin will likely see new all-time highs soon

On-chain data suggests Bitcoin price will likely breakout to a new all-time-high soon as whales, miners and long-term hodlers turn bullish again.

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BTC, ETH, XRP, STEEM, REP, BTT, CHSB & UNI: Technical Analysis For March 26

Ethereum (ETH) has bounced since re-testing its all-time highs. XRP (XRP) is trading close to long-term resistance at $0. 60. Steem (STEEM) has broken out from a nearly two-year-long resistance area and validated it as support afterward.

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This Bitcoin Metric Says The Bull Market Might Soon Be Over

Bitcoin price has retraced 10% from highs and is still reeling from the rejection from above $60,000. The pullback has caused two important long-term moving averages to come dangerously close to death-crossing, that when crossed in the past have signaled that the top is in for the bull market. Here’s what data says about the […]

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Capital Manager: Bitcoin Holding Above $52K Puts Crypto On Track For $100K

Bitcoin price has retraced by more than 10% following new record highs set over the weekend, however, according to one capital manager, the cryptocurrency holding above $52K would keep price action within a long-term rising bull channel.

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Are Bitcoin's long-term hodlers entering the seller's market?

Bitcoin has been on an impressive bull run since the end of 2020 and with the coin being able to register new all-time highs almost on a weekly basis, Bitcoin hasn't really acknowledged the presence oThe post Are Bitcoin's long-term hodlers entering the seller's market? appeared first on AMBCrypto.

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Ethereum (ETH) Targets $2,000 after Trading Sideways

Ethereum has now broken out from a short-term resistance. Both technical indicators and the price action suggest that more highs are in store.   Long-Term Ethereum Movement The weekly chart shows that ETH has broken out above the $1,400 area, which previously acted as the all-time high resistance.

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DigiByte (DGB) Bounces Back Toward Local Highs

Technical indicators, the wave count, and the price action for DigiByte support the continuation of the upward move toward $0. 084.   DigiByte Long-Term Levels The weekly chart shows that DGB has been increasing rapidly since the beginning of February.

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THETA Drops After Reaching New All-Time High

Despite the drop, THETA’s short-term move still looks bullish, allowing for the possibility of another retest of the highs and possibly a breakout. Long-Term Upward Move While THETA declined in the latter part of 2019, it has been moving upwards at an accelerated rate since dropping in March 2020, which took it to a low … Continued The post THETA Drops After Reaching New All-Time High appeared first on BeInCrypto.

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LTC Moves Above $150, Reaching Highest Price Since 2018

While it could continue increasing and reach the $185 resistance area, it appears the current rally is top-heavy, and a corrective movement will soon follow. LTC’s Long-Term Movement The weekly chart shows that LTC has finally moved above the June 2019 highs at $145 and has actually reached a weekly close above this level.

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Zilliqa (ZIL) Breaks Out and Nearly Doubles in Value

While Zilliqa has been rejected from the highs, it is expected to reverse its trend and resume its upward movement.   Zilliqa Long-Term Levels The weekly chart shows that ZIL has broken out above the $0.

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Cardano, Monero, BAT Price Analysis: 22 December

Cardano had a long-term bullish outlook as it traded above the mid-range after establishing and sweeping key highs and lows. Yet its short-term momentum was bearish, and a retest of the $0.149 supportThe post Cardano, Monero, BAT Price Analysis: 22 December appeared first on AMBCrypto.

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Bitcoin Stumbles on Approach to Yet Another All-Time High

However, the price movement suggests that Bitcoin will soon make yet another attempt at breaking out, though a short-term correction could occur prior.   Bitcoin All-Time High Resistance The weekly chart shows that BTC is trading very close to a long-term resistance area, created by the all-time highs near $19,600.

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Cardano (ADA) Breakout Could Mean New Yearly Highs on the Horizon

As long as Cardano is trading inside this bullish structure, it is expected to break out and eventually be successful in finally moving above this resistance zone.   Long-Term Cardano Levels The ADA price has been increasing since March.

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Ethereum Shoots for New Highs After Moving Above $600

Ethereum is expected to be successful in breaking out and may begin moving towards the resistance levels outlined below.   ETH Long-Term Resistance The Ethereum price has been moving upwards since the beginning of March, already having increased by 608%.

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Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum

Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […]

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XRP long-term Price Analysis: 28 October

The collective altcoin market is struggling and XRP was no different. While Bitcoin continued to attain new yearly highs, XRP and the rest struggled to breach their immediate resistance. A new yearly The post XRP long-term Price Analysis: 28 October appeared first on AMBCrypto.

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Ethereum’s Price Just Formed a Pivotal Bullish Breakout

Ethereum has dropped dramatically since the August highs of $490. The coin now trades for $370, around 25% below those highs. While Ethereum is still far below the highs, the coin is printing positive medium-term to long-term signs.

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As Long as Ethereum Holds $350 Range, It’s Set to Double: Analyst

Ethereum has undergone a strong drop since the August highs of $490. The coin currently trades for $380, far below the aforementioned highs. Despite the strong correction, analysts are optimistic that the long-term trend remains bullish.

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Bitcoin v. gold: Only one asset gives you more from its lows

The 2020 market crash was godsent for the likes of Bitcoin and gold. These 'safe-haven' assets surged under the spotlight, climbing to record highs as stock markets and long-term treasury bonds both The post Bitcoin v.

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Chainlink Reaches an “Accumulation Zone” as Potential Long-Term Bottom Forms

Chainlink has been seeing intense weakness throughout the past few weeks, which has come about following a period of macro strength that allowed its price to rally up to highs of $20.00. The cryptocurrency has since posted enormous losses that have erased months of upside, leading some analysts to now anticipate further losses in the […]

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This On-Chain Indicator Looks As It Did Prior to Bitcoin’s 2017 Rally

On a macro scale, Bitcoin has yet to break out. Despite surging around 20% in the past 1. 5 months, the coin remains under crucial long-term resistances. One pivotal level analysts are looking towards is $14,000, as that’s where the 2019 rally topped and highs of December 2017 ended up at (monthly candle).

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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter

Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […]

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Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop

Yearn. finance (YFI) remains in an advantageous position despite its strong correction from local highs, analysts say. Like Bitcoin, Ethereum, and other top digital assets, YFI has faced a strong retracement over recent days as legacy markets have been crushed by a rising dollar.

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EOS long-term Price Analysis: 30 July

Disclaimer: The findings of the following article foresee transition for EOS in under a week While the rest of the digital asset market was registering new highs on its charts, for EOS, it has beenThe post EOS long-term Price Analysis: 30 July appeared first on AMBCrypto.

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Cardano long-term price analysis: 12 July

For Cardano, it looks like the highs are continuing. Now occupying the 8th spot on the coin rankings, ahead of major cryptocurrencies like Litecoin and Binance Coin, ADA has a market capitalization ofThe post Cardano long-term price analysis: 12 July appeared first on AMBCrypto.

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