Search
Technical Analysis: What Do Bitcoin Traders Need To Know Right Now?
20.10.2023
Source: Pixabay
Bitcoin prices have been trading north of $28,000 lately, as the cryptocurrency fluctuates within a reasonably well-defined range.
The digital currency has experienced some minor price gyrations in the last few days, but it has remained stuck below $29,000, according to Coinbase...
Bitcoin Changing Hands Cycle Signals Bear Market Recovery, Glassnode Study Shows
17.10.2023
New research shows bitcoin investors are rotating from long-term holders to short-term speculators, indicating the cryptocurrency market is recovering from the lengthy bear market. Study Indicates Crypto Winter Recovery as Long-term Holders Give Way to Short-term Speculators A recent report by...
Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network
7.10.2023
Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares...
Bitcoin short-term holders 'panic' amid nearly 100% unrealized loss
21.9.2023
Bitcoin speculators are dealing with "a degree of panic" as their BTC holdings sit in unrealized loss, says Glassnode
Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity
6.9.2023
Bitcoin’s current price action leaves much to be desired, but multiple indicators point to what could be a generational buying opportunity for patient investors
On-Chain Data: Short-Term Bitcoin Holders Face Losses Amid Price Decline – Here's the Latest
5.9.2023
The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) for Bitcoin (BTC) has decreased from 1 to 0.9809, indicating less favorable conditions for short-term Bitcoin holders due to recent price declines.
The STH-SOPR measures the profitability of Bitcoin trades involving coins held for less...
Nearly 90% of Bitcoin Short-Term Holders Are Underwater, Onchain Data Show
23.8.2023
"Sharp upticks in short-term holder supply in loss tend to follow 'top heavy markets' such as May 2021, Dec 2021, and again this week," one observer said
Is Bitcoin’s record-low volatility and decline in short-term holders a bull market signal?
15.8.2023
Traders believe that Bitcoin’s low volatility is a bull market signal, but their bias could be preventing them from acknowledging potentially negative macro outcomes
Coinbase Key Metrics Show Bullish Outlook Among Traders With Short-Term Caution
12.7.2023
Coinbase has missed out on “a significant portion of the cryptocurrency market's upside” and is expected to join this move later, one trader said
MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows
28.6.2023
Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases
Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance
11.6.2023
Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different...
Bitcoin's Short-Term Holders Are Again Selling at Profit
29.5.2023
Short-term holders' renewed profitability is a positive signal for near-term price action, according to on observer
Ethereum price is pinned below $1.9K and data suggests that is unlikely to change in the short–term
23.5.2023
3 key indicators are behind the prolonged bearish trend in Ether, and data fails to identify an immediate catalyst for a price breakout
Bitcoin Options Market Turns Negative on Short-term BTC Price Outlook, But Longer-term Bullish Bets Remain
20.4.2023
Investors have turned their most bearish on Bitcoin’s short-term price outlook in more than one month, according to options market data presented by crypto data analytics website The Block.
However, at the same time, investors seemingly remain confident in BTC’s longer-term outlook.
The 25% delta...
Bitcoin's Move Below 20-DMA Possible Short-Term Bearish Signal, Analysts Say
20.4.2023
The world’s largest cryptocurrency by market value traded at a 10-day low and slipped below the 20-day moving average
French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’
10.4.2023
Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in a conflict between the U.S. and China, and reduce...
Investors shelter in short-term Treasuries, reducing Bitcoin’s chance of rallying to $30K
20.3.2023
Bitcoin price finally broke through the $28,000 mark, but BTC futures and options data suggest some traders are uneasy about the strength of the recent bullish momentum
Banking Crisis Won’t Kill Crypto-Banking Despite Short-Term Pain
14.3.2023
From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say
Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce
10.3.2023
BTC and altcoin prices succumbed to this week’s negative newsflow, but sentiment analysis and on-chain data point to the possibility of a short-term bounce
Bitcoin Options Market Turns Most Bearish on Short-term BTC Outlook This Year as Prices Slump Towards $20K
9.3.2023
In wake of Bitcoin’s latest slide below the $21,000 level on Thursday as traders mull headwinds including a growing liquidity crisis amongst major crypto-friendly banks and ongoing macro headwinds as the US Federal Reserve signals risks, Bitcoin options have turned their most pessimistic on...