Bitcoin’s on-chain regime model from BIT has returned to a 67% net-long position for a second consecutive month, with five indicators now in territory historically associated with bull markets. The reading suggests a potential recovery in Bitcoin’s cycle, although a recent $7,000 price decline and two important on-chain price levels leave room for further weakness. […]
Strive CEO Matt Cole is pitching his company as the likeliest “fastest horse” among Bitcoin treasury firms in the next bull market, and he backed it with seven principles on competition posted on X. His broader argument, however, is that Strive and Strategy need each other to expand the market for Bitcoin-backed digital credit rather […]
Bitcoin (BTC) remains in a bull market after closing above its 365-day moving average last week, but recent on-chain data suggests momentum is slowing. CryptoQuant said in a recent research note that several indicators now point to higher selling pressure and weaker demand. Despite these concerns, CryptoQuant’s Bitcoin Bull Score Index remains at 90, showing […]
Bitcoin has moved above a key long-term technical level that CryptoQuant says has historically marked major shifts in the cryptocurrency’s market cycle. BTC closed above its 365-day moving average, which stood near $80,500, for the first time since March 2023. At the time, the asset was trading around $86,000 when it closed above the average. […]
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 prolonged sluggishness over the past several months, what transpired in just 48-72 hours reminded us of the market’s real nature. Bitcoin’s price stood still below […]
It’s hard to believe that just 48 hours ago, there was no clear indication of what was going to happen next. The reality, though, is quite promising as bitcoin has added over $11,000 within this timeframe, and blasted through $75,000 hours ago for the first time since late May. Naturally, analysts have shifted their market […]
Bitcoin derivatives data show that the market structure has changed, with the Integrated Market Index reaching 96 on March 16, its highest level in the last 30 days. The reading comes after a reversal in taker flow that ended almost 8 days of bearish positioning in the futures BTC market, with the flagship crypto now […]
The past week saw bitcoin (BTC) rise above critical resistance levels following the carnage of weeks ago. The asset’s slow, but steady recovery signals that the market is stabilizing. This leaves analysts guessing which catalyst could drive the next rally. In the latest edition of the Bitfinex Alpha report, market experts predicted that changes in […]
“The old money flow cycle is breaking,” crypto trader ‘Koroush AK’ told his 376,000 X followers on Wednesday, referring to the previous pattern of money rotating from Bitcoin to Ether and then to altcoins. “Now we have to navigate isolated mini-cycles where only some sectors pump while others get left behind,” he added. The flow […]
The past 24 hours have witnessed bitcoin (BTC) record all-time highs (ATHs) again and again, with the latest being at almost $119,000. While it is evident that institutional demand and whale movements are driving this rally, analysts have identified another cohort of investors who have contributed to the surge. According to a tweet by the […]