Auto Added by WPeMatico
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…
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…
“Now is a bad time to take paper bets on BTC,” said technical analyst Willy Woo on June 2. He said it was “open season on liquidation hunts due to…
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…
A lot of market dynamics witnessed in past bull cycles have played out differently in this one. One of them is the on-chain patterns and trends that precede altcoin seasons,…
Tokyo-based investment firm, Metaplanet Inc., has announced the acquisition of an additional 1,088 BTC as part of its ongoing Bitcoin Treasury Operations. The company disclosed that the average purchase price…
Bitcoin (BTC) is well within a bull market, but certain metrics suggest that the cryptocurrency may have reached a short-term top. This means that BTC may experience a significant price…
Bitcoin (BTC) smashed a fresh all-time high (ATH) of $111,814 on May 22, but the party may be over, at least for now. After rallying by more than $15,000 over…
Bitcoin has faced notable selling pressure at the $111K range, leading to a bearish rejection. Nevertheless, the price lacks sufficient bullish momentum and a deeper correction seems plausible in the…
Bitcoin’s record-breaking rally to an all-time high of $112,000 on May 22nd has ushered in a wave of heightened investor expectations. The surge, catalyzed by a sudden bullish breakout following…