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[ad_1] The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after experiencing a brief 20% price correction...
[ad_1] The positive Bitcoin Coinbase Premium that drove the latest rally above $70,000 has dissipated, suggesting buying has already slowed down. Bitcoin Coinbase Premium Gap Has...
[ad_1] The on-chain analytics firm Glassnode has explained that Bitcoin tends to reach a potential top when the long-term holders show this pattern. Bitcoin Long-Term Holders...
[ad_1] On-chain data from Glassnode shows that the Bitcoin short-term holders have recently participated in a massive $647 million profit-taking event. Bitcoin Short-Term Holders Have Realized...
[ad_1] Bitcoin has observed a sharp rally beyond the $47,000 level as data shows buying pressure on Coinbase has displayed no signs of letting off. Bitcoin...
[ad_1] An analyst has explained that the outlook for Bitcoin should remain bullish as long as the cryptocurrency’s price remains above this level. Bitcoin Has Strong...
[ad_1] On-chain data shows the cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000. Bitcoin & Ethereum Are...
[ad_1] Here’s what the data of this historical on-chain indicator suggests regarding whether Bitcoin has become overvalued after its latest uptrend. Bitcoin MVRV Z-Score Hasn’t Climbed...
[ad_1] On-chain data shows the Bitcoin SOPR hasn’t yet reached high levels that have been associated with heated bull market phases in the past. Bitcoin SOPR...
[ad_1] An analyst has explained how $47,360 could be the next target for Bitcoin if the cryptocurrency can clear the $38,500 resistance wall. Bitcoin URPD Suggests...
[ad_1] Here’s what on-chain data says regarding if the latest Bitcoin rally has hit the overheated “euphoria” stage where past bull runs topped out. Bitcoin Percent...