Auto Added by WPeMatico

No ‘Banana Zone’ Yet – Altcoins Remain Out of Favor While Bitcoin (BTC) Dominance Persists

Speculation around a broader altcoin surge continues, especially against a backdrop of cautious trading and selective demand. New data, however, demonstrates that the ongoing trends continue to favor Bitcoin as…

Continue ReadingNo ‘Banana Zone’ Yet – Altcoins Remain Out of Favor While Bitcoin (BTC) Dominance Persists

Bitcoin Sees Intense Surge in Realized Profits Following Ascent to $111K: Glassnode

Bitcoin investors have been aggressively taking profits since the cryptocurrency recorded a new all-time high (ATH) above $111,000. Although the asset has retracted over the past week and has been…

Continue ReadingBitcoin Sees Intense Surge in Realized Profits Following Ascent to $111K: Glassnode

No Signs of Bitcoin Retail Frenzy: On-Chain Demand Slows in Crypto Market

Bitcoin has steadied itself a little above $105K after retracing from its recently established all-time high. However, retail euphoria has yet to materialize in the current crypto market. In fact,…

Continue ReadingNo Signs of Bitcoin Retail Frenzy: On-Chain Demand Slows in Crypto Market

Here’s Why Market Flushouts and Whale Moves Could Set the Stage for Bitcoin’s Next Rally

Bitcoin held firm above the $105,000 mark following a weekend dip, as rattled market participants assess whether the pullback signals a temporary breather. Ongoing shifts in sentiment and trader positioning…

Continue ReadingHere’s Why Market Flushouts and Whale Moves Could Set the Stage for Bitcoin’s Next Rally

Bitcoin Derivatives Market Shows Signs of Overheating, Further Pain Incoming? (Bitfinex)

Over the last almost two weeks, bitcoin has been experiencing its first meaningful correction since the recovery from April lows. The asset has dropped about 8% from its all-time high…

Continue ReadingBitcoin Derivatives Market Shows Signs of Overheating, Further Pain Incoming? (Bitfinex)

Older Bitcoin Holders Show Signs of Selling Exhaustion – What Does This Mean?

A few days ago, analysts at the market research and intelligence firm Glassnode discovered that older Bitcoin holders were leading the sell-off that triggered BTC’s correction. Currently, it appears that…

Continue ReadingOlder Bitcoin Holders Show Signs of Selling Exhaustion – What Does This Mean?

Bitcoin Price Analysis: BTC in Danger of Prolonged Correction After Recent Rejection

Bitcoin recently tapped into the $111K zone, sweeping buy-side liquidity before showing signs of rejection. As the market pauses after a strong rally, technical and on-chain indicators suggest a potential…

Continue ReadingBitcoin Price Analysis: BTC in Danger of Prolonged Correction After Recent Rejection