Bitcoin (BTC) Has Only Been This Oversold Twice in Seven Years: Model

One of most reliable Bitcoin (BTC) price models suggests orange coin is terribly oversold

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Is Bitcoin bullish or nah? Here is what is really going on with BTC price

Data suggests BTC is finally carving out a bottom, but is it time to buy?

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Ethereum flashes a classic bullish pattern in its Bitcoin pair, hinting at 50% upside

The formation of a bullish trading pattern suggests that the ETH/BTC pair could be on the verge of a trend reversal.

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Bitcoin Closer to Bullish Takeover Than You Think, Data Suggests

BTC technicals and hash rate indicate that the market is on the verge of a bullish breakout

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TA: Bitcoin Price Resilience Suggests A Fresh Rally is Imminent: Here’s Why

Bitcoin found a strong buying interest near $18,500 against the US Dollar. BTC is recovering and there could be a fresh increase above the $20,000 resistance. Bitcoin remained stable and the bulls again protected the $18,500 support zone.

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TA: Bitcoin Price Gearing For Another Lift-Off to $21K, Recent Breakout Suggests

Bitcoin is gaining pace above the $19,500 resistance against the US Dollar. BTC could rise further above $20,000 if it stays above the $19,000 support. Bitcoin started a decent increase and was able to clear the $19,500 resistance zone.

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Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period

Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And Supply In Profit Has Recently Been Below 0. 75 As per a recent report by Glassnode, the BTC correlation between the price and the supply in profit generally observes multiple drops below 0.

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These Two On-Chain Signals Precede Bitcoin Falls, Suggests Analyst

An analyst has suggested that two on-chain signals may be used to predict Bitcoin falls as they seem to have historically preceded drops in the crypto’s price. Bitcoin Selling Of 7yrs-10yrs Old Coins Spiked Up Recently As pointed out by an analyst in a CryptoQuant post, BTC dumping of coins aged between 7 years to 10 years and ETH dominance rising up can be two signs to look for before falls in the coin’s value.

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Bitcoin [BTC]: Heavy coin inflow into exchanges suggests rally in sell pressure

The much-anticipated Merge that proved to be beneficial for most, didn't do anything for Bitcoin [BTC]. Some Ethereum [ETH]-linked assets posted double-digit gains, and BTC paid no heed. According toThe post Bitcoin [BTC]: Heavy coin inflow into exchanges suggests rally in sell pressure appeared first on AMBCrypto.

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The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin

A classic bearish reversal pattern suggests pain ahead for the ETH/BTC pair despite Ethereum's milestone Merge event.

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Is $9,100 Bitcoin’s Next Stop? History Says BTC Price Bottom Could Worryingly Sink Further

Prominent crypto analyst and researcher Willy Woo says the cryptocurrency market lodestar is yet to find a proper bottom based on historical trends. This suggests the worst part of the BTC drop may not be over.

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Quant Suggests Bitcoin Will Be Back In The Driver Seat After Ethereum Merge

A quant has suggested that Bitcoin will again become the driving force in the crypto market once the Ethereum merge hype dies down. Bitcoin Share Of Crypto Trading Volume Already Seems To Be Overtaking Ethereum’s As explained by an analyst in a CryptoQuant post, there are some signs that point to BTC surpassing ETH once more to be the dominant power in the market.

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3 Bitcoin price metrics suggest Sept. 9’s 10% pump marked the final cycle bottom

Is the BTC bottom finally in? Data suggests that bears might be losing their tight grip on the market.

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Bitcoin Data Suggests OTC Transfers Have Been More Active Recently

On-chain data suggests Bitcoin OTC transactions have been active recently, while exchange transfers have gone down. Bitcoin Fund Flow Ratio Declines, While Tokens Transferred Go Up As pointed out by an analyst in a CryptoQuant post, there are signs that over-the-counter (OTC) deals might be going up in the BTC market. The first indicator of […]

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A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming 'buy'

Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued.

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Bitcoin price: here’s what a closely watched technical indicator suggests

Bitcoin (BTC/USD) remains perched above $21,000 on Monday morning, having scrapped through the weekend without breaching the psychological $20,000 mark. However, having touched lows of $20,700 over the weekend, and intraday lows of $20,900 so far today, the benchmark crypto could yet see new losses.

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TA: Bitcoin Price Bearish Weekly Close Suggests it’s Vulnerable For Bigger Decline

Bitcoin declined heavily below the $22,000 support zone against the US Dollar. BTC is correcting gains, but upsides might be limited above the $22,500 resistance. Bitcoin extended losses and declined below the $22,000 support.

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Bitcoin price: Peter Brandt suggests possible bottom for BTC

Bitcoin looks to have reached levels similar to those hit before a bounce in…

The post Bitcoin price: Peter Brandt suggests possible bottom for BTC appeared first on CoinJournal.

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Good news for Bitcoin: New CPI data suggests inflation has peaked | Find out now on Market Talks with Tim Warren and Caleb Franzen

The CPI numbers are out and they might hold a bullish signal for Bitcoin (BTC). Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Caleb Franzen.

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Is The Bitcoin Surge Due To An External Reason? What The Data Suggests

The world’s first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading activities got BTC’s price to hit the $24,000 mark.

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Glassnode: Bitcoin Long-Term Holders Have Shifted To Distribution Recently

Data released by Glassnode suggests Bitcoin long-term holder behavior has shifted from accumulation to distribution recently. Bitcoin Long-Term Holders Have Shed 222k Coins Off Their Stack Since May As per a new report from Glassnode, the BTC long-term holders have been spending up to 47k BTC per month in recent days.

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Bitcoin Buyers Reluctant To Step In, Fear And Greed Index Suggests

Data shows the Bitcoin investor sentiment has recently improved, but buyers are still reluctant as fear continues in the market. Bitcoin Fear And Greed Index Points To A Fearful Sentiment As per the latest weekly report from Arcane Research, the BTC market sentiment hit a high of 34 last week, but now it has once again fallen to just above extreme fear territory.

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‘Extreme demand’ for BTC at $20K creating new support levels: Glassnode

The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover.

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Avalanche Sustains 7-Day Upswing – Can AVAX Easily Breach $26?

Avalanche (AVAX) trails behind the plunge of Bitcoin (BTC), has also shaved 6% off its price in the last 24 hours. On the brighter side, AVAX/USD is looking solid and rising following yesterday’s plunge which suggests a correction before a potential uptrend.

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First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading

The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.

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Quant Suggests Tesla’s Bitcoin Dump Behind Recent Red Coinbase Premium

A quant has suggested that the reason behind the recent negative Coinbase Premium could have been due to Tesla’s Bitcoin selling. Tesla Dumping 75% Of Its Bitcoin Holdings Might Be Behind Negative Coinbase Premium Gap As explained by an analyst in a CryptoQuant post, the news about Tesla selling off 75% of its BTC stash […]

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Sub-$22K Bitcoin looks juicy when compared to gold’s market capitalization

BTC’s market cap is way smaller than gold's, but the percentage of Bitcoin held by institutional investors suggests that the current pricing reflects an excellent discount.

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Bitcoin derivatives data suggests bears will pin BTC below $21K leading in Friday’s options expiry

Bitcoin’s failure to break above $22,000 on July 8 opened room for bears to score a $100 million profit in this week’s options expiry.

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Glassnode analysis suggests Bitcoin might be near bottom

BitcoinA recent analysis from Glassnode revealed that long-term holders (LTH) are locking their coins at a 33% loss, indicating an LTH capitulation that suggests Bitcoin (BTC) might have reached its bottom.

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Price analysis 7/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

Bitcoin price saw a brief pull-back following July 13’s high inflation print, but the rebound seen in BTC and altcoins suggests that buyers are buying the dip.

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This 'biblical' Bitcoin pattern suggests BTC price can rise 30% by October

Bitcoin's price chart has a target of $28,000 based on a classic, bullish technical pattern.

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Decline In Bitcoin Miner Revenues Suggests More Sell-Offs May Follow

Bitcoin miner revenues have been in decline since the bear trend began and this has led a good number of miners to sell their BTC holdings in order to keep their operations afloat. However, the expectation that the bear market would soon resolve and miners would once again be in the green has since gone out the window.

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Bitcoin (BTC) Cycles: Circular Analysis Suggests Bottom is Near

According to the circular analysis, Bitcoin (BTC) is close to reaching a bottom and starting a new bull cycle. The post Bitcoin (BTC) Cycles: Circular Analysis Suggests Bottom is Near appeared first on BeInCrypto.

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Bitcoin Will Rebound In 2nd Half Of 2022, Says Bloomberg Analyst

Mike McGlone, a senior commodity analyst at Bloomberg, predicts a rise in the price of Bitcoin in the second half of 2022. This suggests that the price of BTC may be preparing for a positive comeback this year.

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Price analysis 6/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows.

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Bitcoin “Reserve Risk” Metric Approaches All-Time Lows

Data shows the Bitcoin “reserve risk” indicator has recently plunged down and is now reaching all-time lows only seen back in 2015 bear and the March 2020 COVID crash. Bitcoin Reserve Risk Suggests HODLing Relative To Price Is Strong According to the latest weekly report from Glassnode, BTC investors have been holding strong onto their coins despite the large decline in the crypto’s price recently.

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Max Keiser suggests corruption could be at play over SEC’s denial of spot Bitcoin ETF

Bitcoin-bull Max Keiser gave his take on the absence of a spot BTC Exchange-Traded Fund (ETF) in the United States, saying it’s “unconscionable” that the Securities and Exchange Commission (SEC) would continue denying applications.

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Bitcoin At $20K Could Be ‘New Bottom,’ Commodity Expert Suggests, And Here’s Why

Bitcoin has been increasingly in a shaky state and has dropped by as much as 50% compared to its previous all-time high. All eyes are on the crypto alpha dog, watching its next price movements.   On the other hand, many market analysts believe that the drop in BTC trading value is a jumping board towards massive growth.

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Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB

BTC and select altcoins notched small gains after the Federal Reserve rolled out a 75 basis point rate hike, but technical analysis suggests that further downside is the most realistic outcome.

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Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin (BTC) declined alongside equities and other cryptos on Friday. The higher-than-expected U.S. CPI print triggered risk-off sentiment across global markets. Technical indicators suggests risk of additional downside over the short-term.

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Price analysis 6/8: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB

Bitcoin and altcoins are losing bullish momentum and persistent selling at overhead resistance suggests that the current consolidation is far from over.

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Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests

Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet.

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Bitcoin Faces Resistance at $33K; Support at $22K-$25K

Bitcoin (BTC) could face another volatility spike once price exits its current range. Lower support is between $22K-$25K, although additional downside targets suggests the bear market could continue.

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Bitcoin (BTC) Death Crosses Analysis Suggests Bottom Is Yet to Come: Rekt Capital

Anonymous cryptocurrency trader and analyst who goes by @rektcapital on Crypto Twitter shares detailed analysis of how "Death Crosses" actually affect BTC performance

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Price analysis 5/20: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

BTC and altcoins produced the occasional relief rally, but technical analysis suggests that the prevailing trend will remain bearish for some time to come.

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Price analysis 5/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low.

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Will Clemente: Bitcoin (BTC) Is Very Close to a Bottom – 6 Arguments

In today's article, BeInCrypto looks at 6 selected on-chain indicators whose charts suggest that Bitcoin is very close to reaching a bottom. These were highlighted in a tweet yesterday by Will Clemente - a well-known on-chain analyst - who suggests that "it's a great time to DCA heavily.

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3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry

BTC price is in a freefall and data suggests bears plan to keep the price below $30,000 until the May 13 options expiry.

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Bitcoin Long-Term Holders Start Capitulating Amid Panic

On-chain data suggests Bitcoin long-term holders have started to capitulate recently as the sharp price drop causes panic in the market. Bitcoin CDD Inflow Indicator Jumps Up, Showing Long-Term Holders Have Been Selling As pointed out by a CryptoQuant post, the recent price drop has pushed long-term holders towards selling their BTC.

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