Bitcoin to Have a Positive 2024 Due to These Metrics: CryptoQuant
Bitcoin (BTC) and the broader crypto market could have a positive year in 2024 due to the effects of several on-chain metrics. According to a weekly report from market analytics…
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Argentina Allows Contracts to Be Settled in Bitcoin, Local BTC Price Surges to ATH
Diana Mondino claimed that a decree legalizing the use of certain currencies in contracts and for payments would also apply to Bitcoin. “We ratify and confirm that in Argentina, contracts…
Bitcoin Stable Above $43.5K But is There a Danger of a Long Squeeze? (BTC Price Analysis)
Bitcoin’s price has recently found a stable range around the critical resistance level of $45K, indicating a bullish sentiment among market participants. However, there is a possibility of a short-term…
Is This Why Bitcoin’s Price Rally Was Halted? (CryptoQuant)
Last week, bitcoin (BTC) rallied past $44,000 but hit a significant resistance level at almost $45,000 and came tumbling down. According to a report by an analyst at market analytics…
Is Bitcoin About to Explode to $45K or Plunge Below $40K? (BTC Price Analysis)
Bitcoin’s price has been consolidating recently, following months of bullish movement. The market is testing a key support level at the moment as things are getting tricky for a potential…
Bitcoin Ends 11-Week Winning Streak With $33M Outflows While Altcoins Buck Trend: CoinShares
Digital assets investment products ended their 11-week streak of positive cash flows with withdrawals amounting to $16 million. However, trading activity remained significantly higher than the yearly average, reaching $3.6…
Bitcoin in Correction Phase Following Rally to $44K: CryptoQuant
The price of bitcoin (BTC) has entered a correction phase following the asset’s rally to and beyond the $44,000 mark. A weekly report from the on-chain analytics platform CryptoQuant revealed…
Bitcoin Jumps Off $41K But is the Correction Really Over? (BTC Price Analysis)
Bitcoin’s price action has been significantly bullish over the recent months, breaking past several resistance levels. However, judging by how the past few daily candles have closed, it’s interesting to…
What’s Causing the Current Bitcoin Crash and How Low Can it Go? (BTC Price Analysis)
Bitcoin’s price has been very bullish over the last couple of months. However, it is finally showing subtle signs of correction today. Therefore, it is worth analyzing the charts for…
Institutions Ignoring Altcoins, Betting on Bitcoin: Bybit Research
According to research by Bybit, institutional traders have expressed a significant bullish sentiment towards Bitcoin, mixed sentiments regarding Ether, and a general air of skepticism towards altcoins. From December 2022…
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