Bitcoin is holding firm above the $115,000 level after several days of trading below it, signaling renewed strength in the market. The bullish tone is building as Ethereum posts massive gains and altcoins begin to show strong moves over the past few days. For some analysts, this could be the start of the long-awaited altseason;…
View More Bitcoin Holds Strong Near All-Time High – Market Not Overheated Yet, Data Shows
Bitcoin has reached a new all-time high once again, surging to $123,200 earlier today, a move that has reignited bullish sentiment across the cryptocurrency market. After weeks of steady consolidation and strong institutional inflows, the top cryptocurrency continues its upward momentum, breaking past key psychological levels and entering uncharted territory. One of the most notable…
View More $30B In Bitcoin Added By Accumulator Wallets: Are Long-Term Players Preparing Early?
Bitcoin is testing uncharted territory after breaking past its previous all-time high of $112,000 last Thursday, igniting a powerful new phase in the bull market. With the price currently hovering above $117,000, bulls are firmly in control as optimism spreads across the crypto market. The breakout comes after weeks of tight consolidation, signaling renewed confidence…
View More Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm
Data shows the 14-day Bitcoin Relative Strength Index (RSI) has dropped into the oversold region. Here’s what this could mean for the asset. Bitcoin RSI Has Breached Below The 30 Mark In a new RSI” refers to an indicator from technical analysis (TA) that measures the speed and magnitude of changes occurring in any given…
View More Bitcoin RSI Dips Below 30—Is A New All-Time High Next?
The Bitcoin Network Value to Transactions (NVT) Golden Cross could indicate that the asset isn’t overheated yet, despite its price marching to a new all-time high (ATH). Bitcoin NVT Golden Cross Still Outside Of Overbought Zone In a CryptoQuant Quicktake NVT Ratio is an on-chain indicator that keeps track of the ratio between the BTC…
View More Bitcoin Sets New ATH, But This Metric Says No Overheating Yet
Bitcoin pierced the $111,000 threshold for the first time in history on May 22, printing an intraday high of $111,867 on Binance, giving the asset a market capitalization of roughly $2.22 trillion, or two-thirds of the entire crypto market. The latest leg of the rally is being propelled by a tight confluence of catalysts that…
View More Bitcoin Blasts To $111,867 All-Time High—Here’s What’s Driving The SurgeBitcoin surged past the $82,000 mark on Binance, marking a substantial 17% increase since the public announcement of Donald Trump’s victory in the recent US presidential election on Wednesday, November 6. Over the past weekend, the BTC price staged a rare “weekend pump”, rallying by more than 6%. While there are several reasons for this…
View More Bitcoin Price Blasts Through $82,000: These Are The Key Reasons
Here’s what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake MVRV Ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and realized cap. The…
View More Bitcoin Records $75,000 All-Time High: Here’s If BTC Is ‘Overheated’ Now