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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. дальше »

2023-4-24 14:40


Bitcoin Loses $28,000 Handle – Is A Retreat In The Offing For BTC?

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, was dealt a blow earlier today as it slipped below the $28,000 handle. The decline has sparked concerns among investors and analysts that the digital asset may be headed for a correction, leaving them to wonder whether it’s time to sell or hold on to their investments. дальше »

2023-4-3 11:10


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Decline In Bitcoin Whale Activity Could Signal Further Downside For BTC Price

Over the last month, the price of bitcoin has been in a decline. This comes after a fairly bullish month of January where prices of the digital asset returned to pre-FTX collapse levels. But while momentum has hit a roadblock, signaling that the sell-offs may be over, a decline in whale activity could mean that this is not the end of the downtrend. дальше »

2023-3-2 20:00


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. дальше »

2022-12-23 17:30


Bitcoin Whales Continue To Shed Holdings, Prices Not Attractive Enough?

On-chain data shows Bitcoin whales have continued to shave off their holdings in recent weeks, suggesting that the current lows may not be attractive enough to them. Bitcoin Whales Continue To Sell Despite The Recent Deep Lows As pointed out by an analyst in a CryptoQuant post, the number of investors with balances in the 1k to 10k BTC range have continued to decline recently. дальше »

2022-12-10 00:00