The Bitcoin price is rising, reaching as high as $66,173 today; the asset appears to have hit a milestone behind the scenes. According to a CryptoQuant analyst, EgyHash, Bitcoin’s open interest—a measure of the total number of outstanding derivative contracts—has reached a new all-time high. This development signals heightened activity in the Bitcoin market and…
View More Bitcoin Open Interest Hits Record $19.8 Billion—Is The $100K Rally About to Begin?Tag: bitcoin market
Bitcoin Reclaims $66k But Retail Investors Lag—Is A Final FOMO Wave Coming?
Bitcoin has recently begun to see a major recovery in its price, reclaiming the $66,000 mark earlier today. This sudden positivity in price performance has prompted debates on whether retail investors and newcomers have returned to the market. Although there has so far been speculation about increased retail participation, a detailed analysis reveals a more…
View More Bitcoin Reclaims $66k But Retail Investors Lag—Is A Final FOMO Wave Coming?Bitcoin Reclaims $62k: Analysts Explain Why The Bull Cycle Is Far From Over
The Bitcoin ongoing rebound, reclaiming the $62,000 price mark once again today, has sparked renewed optimism in the cryptocurrency community. According to a recent analysis by CryptoQuant analyst Crypto Dan, the current market is still amid a bull cycle, with promising long-term prospects for Bitcoin holders. While the market has faced some short-term turbulence, key…
View More Bitcoin Reclaims $62k: Analysts Explain Why The Bull Cycle Is Far From OverBitcoin’s Next Move? Veteran Trader Predicts Possible 75% Crash—Here’s Why
Peter Brandt, a well-known veteran in the trading community, recently took to X to share a concerning outlook on Bitcoin price trajectory. Brandt’s warning comes amid a relatively stagnant performance by the leading crypto, failing to produce any decisive moves toward new all-time highs in recent months. Brand pointed out a historical pattern that could…
View More Bitcoin’s Next Move? Veteran Trader Predicts Possible 75% Crash—Here’s WhyBitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?
After briefly rising above $63,000 in recent days, renewing investor’s hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question: “Is it reasonable to expect a final…
View More Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?Analyst Warns Of Bitcoin Market Shift: Are We Near A Major Sell-Off?
Bitcoin has recently seen quite an interesting trend in its key metrics suggesting a significant movement ahead, according to a post by CryptoQuant analyst Amr Taha. The post, shared on the CryptoQuant QuickTake platform, highlights notable changes in both long-term and short-term holder behaviour of Bitcoin, as well as in realized profit and loss figures.…
View More Analyst Warns Of Bitcoin Market Shift: Are We Near A Major Sell-Off?Critical Moment For Bitcoin: Analyst Reveals Key Psychological Turning Point
The recent Bitcoin price action appears to have caught the attention of market analysts, with a particular focus on its positioning between key psychological levels. A CryptoQuant analyst under the pseudonym “datascope” recently posted on the CryptoQuant QuickTake platform, providing an in-depth analysis of Bitcoin’s current price movements. The analyst highlighted that Bitcoin is at…
View More Critical Moment For Bitcoin: Analyst Reveals Key Psychological Turning PointBitcoin’s Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?
As Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric’s importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend…
View More Bitcoin’s Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?