Bhutan Sells, Whales Buy: Where Is Bitcoin’s Price Headed Next?
The past several days have been highly eventful in terms of activity in the war between the US/Israel and Iran, which included a major cease-fire deal, although it doesn’t appear…
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The past several days have been highly eventful in terms of activity in the war between the US/Israel and Iran, which included a major cease-fire deal, although it doesn’t appear…
Large Bitcoin transfers to exchanges intensified in March as inflows were increasingly dominated by transactions in the 100-1,000 BTC range. This points to a growing concentration of sell-side supply from…
Bitcoin’s price has nosedived once again in the past 24 hours, dropping below $71,000 for the first time since the weekend. While the blame has been placed on the US…
Bitcoin briefly neared $76,000 on Tuesday, a level seen for the first time in six weeks, in spite of the global uncertainty as the conflict in the Middle East entered…
Bitcoin is trading near the $70,000 mark, with on-chain data showing a widening gap between retail investors dumping their holdings and long-term holders staying completely still. That split is drawing…
Bitcoin has almost reversed its weekly losses after a recovery near $68,000. At the same time, whale wallet growth now suggests distribution among more large holders. Santiment reported that the…
It was another sharp drop for bitcoin earlier this morning when the asset plunged to its lowest level in over two weeks at under $64,500. Given the extent and speed…
Bitcoin’s price movements since early October can safely be categorized as bearish, given the fact that the asset shed over 50% of its value from its all-time high to its…
Bitcoin climbed above $126,000 in early October and recently crashed to $60,000 before a modest recovery near $68,000. Despite the brutal swing, many entities are still buying the asset, betting…
Bitcoin (BTC) has slipped back to price levels last seen in October 2024, the exact moment when whales began their most recent accumulation phase. On-chain data now shows these large…