In April, Bitcoin’s price skyrocketed from $74,450 to $94,900, resulting in a $26 billion increase in wealth for long-term holders. However, many short-term holders sold at a loss during this period. Bitcoin’s recent 30% correction aligns with historical patterns, suggesting possible support levels around $88,750 and $91,000. As Bitcoin’s supply becomes increasingly profitable, analysts predict ...
Bitcoin’s price has surged past $85,000 after a recent dip to $74,000, signaling a strong recovery. Analyst ShayanBTC suggests this price correction could actually be part of a larger bullish trend. By examining the age of unspent Bitcoin transactions, he notes that more coins are being held by long-term investors, which reduces the circulating supply ...
Bitcoin showed signs of recovering but has recently lost momentum, dropping 6.4% to around $82,000. Analysts are now questioning whether the previous rally was driven by real demand or just speculation, especially given a notable disconnect between Market cap and network activity. In particular, the NVT ratio, which compares Bitcoin’s Market value to its transaction ...
Bitcoin has recently seen strong price action, climbing above $88,000 but facing a sharp correction to around $83,800 following the February core inflation data. Investors are growing anxious as concerns rise over a potential further drop in value. Analytics firm Glassnode indicates critical support levels for Bitcoin, noting that the price could fall to $74,000 ...
Bitcoin recently hit a four-month low of $76,600, but long-term holders are still holding onto their BTC, suggesting a unique Market shift ahead. Research by Glassnode shows that these holders are reducing their selling activity, indicating a growing tendency to retain their coins. Meanwhile, new Bitcoin whales—investors with at least 1,000 BTC—are accumulating aggressively, adding ...
Bitcoin has shown resilience by outperforming other major global assets like stocks, treasuries, and precious metals, even amid a recent Market correction. Currently down 23% from its all-time high of over $109,000 earlier this year, Bitcoin is still considered a strong investment. Analysts suggest that this decline is part of a natural correction within an ...
Bitcoin’s recent drop to around $80,708, following a 14% decline, raises concerns among investors about a potential bear Market. Analysts suggest this may just be a normal correction within a broader bull Market. Aurelie Barthere from Nansen believes BTC might retrace to the $71,000-$72,000 range, which could stabilize the Market for a healthier recovery. Arthur ...
Bitcoin is currently experiencing a correction, which analysts predict may continue until March or April before it possibly rises to previous highs. Recently, Bitcoin fell below $80,000, influenced by a broader Market decline due to global trade tensions. In the same week, major US stock indexes also dropped, causing traders to seek refuge in a ...
Bitcoin and Ethereum are nearing important support levels, with the potential for a price correction if they close below these points. Ripple’s XRP is also tracking closely behind, approaching its own ascending trendline, which indicates a possible pullback if it drops below this level. Meanwhile, XRP’s price has weakened after Ripple’s legal actions against the ...
Bitcoin is experiencing a bullish trend, but uncertainty about a crypto executive order from President Trump could lead to a price correction. Analysts suggest Bitcoin might fall below $96,000 due to a “diamond pattern” in its technical charts, indicating a potential reversal. Observations show that Bitcoin needs to stay above the key support level of ...
