Bitcoin recently hit a four-month low of $76,600 on March 11, but long-term holders are showing a notable trend of retaining their assets, suggesting potential bullish sentiment in the Market. Research from Glassnode indicates a decline in selling pressure among these holders, pointing to a shift in behavior as they prefer to hold onto their ...
Bitcoin experienced a typical Wall Street sell-off on March 12, despite some optimism around a slowdown in US inflation. After reaching a three-day high of $84,437, BTC/USD fell to $82,400, prompted by renewed selling pressure as trading began. The US Consumer Price Index showed inflation dropping to 2.8%, which was lower than expected, but this ...
Volatility traders are on the lookout for potential price movements in Bitcoin, which is currently trading above $100,000. An important indicator shows that Bitcoin’s 60-day price range is tightening, suggesting that significant price swings could be on the horizon. Historical trends indicate that such tight ranges often lead to bursts of volatility, particularly during bullish ...
