Auto Added by WPeMatico

Bitcoin’s Bear Market May Be Over After a 20% Rally: But What Comes Next? (Analyst)

Bitcoin had a huge week, finally. The crypto asset jumped by 25% and neared $80,000 as the rally gathered serious momentum. One analyst now believes that the bear market has…

Continue ReadingBitcoin’s Bear Market May Be Over After a 20% Rally: But What Comes Next? (Analyst)

We Asked 3 AIs if BTC’s Bull Run Has Started After the 25% Surge to $80K: The Answers Encouraged Us

The cryptocurrency markets have the tendency to change the overall sentiment and narrative in very short periods of time. Although some might have forgotten about this quality due to the…

Continue ReadingWe Asked 3 AIs if BTC’s Bull Run Has Started After the 25% Surge to $80K: The Answers Encouraged Us

The Biggest Bitcoin Bear Keeps Adding to Their Short Position as BTC Price Slides Further

Bitcoin’s breakout attempt faced another rejection at $65,000 earlier this week, and the bears appear to be in control once again, driving the asset south to under $63,000. One particular…

Continue ReadingThe Biggest Bitcoin Bear Keeps Adding to Their Short Position as BTC Price Slides Further

BTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its End

Large Bitcoin, Ether, and XRP holders continued accumulating during recent market weakness, analytics firm CryptoQuant said. The firm’s weekly report, Buying the Bear: A Signal of the Bear Market’s Final…

Continue ReadingBTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its End

Bitcoin Records Worst June in Four Years – Is a Cyclical Bottom in Play?

On-chain data has confirmed that June was a painful month for bitcoin (BTC), but beyond the price weakness, both spot demand and institutional flows faltered. Due to last month’s performance,…

Continue ReadingBitcoin Records Worst June in Four Years – Is a Cyclical Bottom in Play?

Bitcoin Nears Potential Bottom, But Demand Conditions Remain Unfavorable: CryptoQuant

Historical on-chain data suggest that bitcoin (BTC) may be nearing a bottom in this bear market, but demand conditions signal the asset still has a long way to go. According…

Continue ReadingBitcoin Nears Potential Bottom, But Demand Conditions Remain Unfavorable: CryptoQuant