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5 of 7 on-chain indicators suggest the bull run is just beginning
20.5.2024
On-chain indicators such as the Bitcoin MVRV Z score, Puell Multiple and HODL Waves paint a bullish picture for Bitcoin investors
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
20.5.2024
Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it means BTC will probably trade “somewhere...
Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
19.5.2024
The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onchain and market data platform Cryptoquant...
Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K
17.5.2024
Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024
Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals
17.5.2024
Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead...
M2 money supply 'holds the key' for Bitcoin's next move — Market analyst
16.5.2024
The growth of the money supply is historically correlated with previous Bitcoin price bull runs
Peter Schiff: Gold, Silver ‘Ready to Explode Higher’ — Sees ‘Biggest Precious Metals Bull Market in History’
11.5.2024
Gold advocate and economist Peter Schiff has predicted an explosive rise in gold and silver prices. While encouraging investors to “Take advantage of what could be the biggest precious metals bull market in history,” Schiff calls bitcoin “dead money,” expecting outflows from...
Analyst Heralds Multi-Year Bull Market For Gold: $8,000 per Ounce at Play
9.5.2024
Jan Nieuwenhuijs, a gold market analyst, has predicted a new multi-year bull market for gold. According to different factors, including the low percentage of gold as part of the global international reserves, and the size of the equity market, gold prices might be preparing to rise, putting prices...
Roadblock to Riches: Bitcoin Price Stagnates at $60K Mark
3.5.2024
The Bitcoin price faces a critical juncture, hovering below the $60,000 resistance level. Technical indicators like the 100-day moving average and the short-term holder realized price suggest challenges for upward momentum.
The post Roadblock to Riches: Bitcoin Price Stagnates at $60K Mark appeared...
Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?
1.5.2024
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000
Long-Term Bitcoin Holders Are Finished Dumping Their Coins: Analyst
1.5.2024
Long-term Bitcoin holders have mostly stopped selling, leaving questions about where the asset's price will go next.
The post Long-Term Bitcoin Holders Are Finished Dumping Their Coins: Analyst appeared first on Cryptonews
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
30.4.2024
Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
29.4.2024
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline could be the “most...
Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
28.4.2024
This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk of Market Intervention The yen’s sharp drop...
Is The Bull Market Over Before The Bitcoin Halving? Glassnode Report
20.4.2024
The Bitcoin halving is not that significant for price, though on-chain metrics suggest that Bitcoin hasn't quite reached bear market territory.
The post Is The Bull Market Over Before The Bitcoin Halving? Glassnode Report appeared first on Cryptonews
Bitcoin’s Bullish Trajectory Should Resume After the Halving, Analysts Say
18.4.2024
Global asset management firm Alliance Bernstein has explained that bitcoin’s bullish trajectory should resume after the upcoming halving event. The firm’s analysts described: “We believe it is always new demand catalysts that lead to bitcoin price appreciation in every...
Bitcoin Spot Volume Rivaled 2021 Bull Market In March: Glassnode
11.4.2024
Bitcoin spot volume looks much like prior bull markets, though several on-chain indicators say we're not at the top just yet.
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Grayscale Study Pinpoints Bitcoin in Mid-Phase Bull Run, Eyes Future Growth
31.3.2024
Amidst a vibrant resurgence in bitcoin’s value, a comprehensive analysis by Grayscale and researcher Michael Zhao sheds light on the anatomy of the current bitcoin market cycle. The study explores whether we are entrenched in a bull run, detailing the driving factors and possible...
Investors Take Profit After Bitcoin Rally, Bull Cycle is Far From Over: CryptoQuant
22.3.2024
The Bitcoin bull cycle is still far from over with many large Bitcoin investors selling the market is entering a period of price correction, according to on-chain analytics platform CryptoQuant.
The post Investors Take Profit After Bitcoin Rally, Bull Cycle is Far From Over: CryptoQuant appeared...
FOMC Interest Rate Decision Signals All Clear For Bitcoin Bull Run
20.3.2024
The Bitcoin (BTC) bull run has clear skies above following the Federal Open Markets Committee (FOMC) interest rate decision on Wednesday.
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