Weakness across markets means fresh bad news for Bitcoin, with analysts struggling to find any positive news.
Headline
Category: Market Analysis
Bitcoin may hit $14K in 2022 but buying BTC now ‘as good as it gets:’ Analyst
Bitcoin right now is a no-brainer investment for willing buyers, argues CryptoQuant contributor.
Bitcoin price broke to the upside, but where are all the leveraged long traders?
BTC price looks to break out of its downtrend, yet pro traders are still unwilling to add leveraged positions.
Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests
Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet.
Bitcoin faces ‘uphill battle’ despite BTC price gaining 35% from $23.8K bottom
A giant sell well appears at $33,500 as Bitcoin’s rise — which succeeded in surprising some — comes under close scrutiny.
Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’
ETH price bounced off a major support level, and while $2,000 could be a short-term target, most analysts say it’s just a “relief rally.”
Bitcoin price rallies to $32.3K, but three factors could limit its recovery
BTC bulls pressed the price to $33,300, but significant tailwinds in traditional markets could continue to weigh on Bitcoin price.
Bitcoin drops 1.5% on US market open amid warning miners may ‘capitulate’ in months
Miners are still accumulating BTC so far, but continuing depressed prices may up-end the status quo this summer, new analysis says.
Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE
Bitcoin is attempting to form a higher low at $28,630 and if that happens, ETH, XTZ, KCS and AAVE may rally in the near term.
On-chain data shows Bitcoin long-term holders continuing to ‘soak up supply’ around $30K
Despite being underwater on a portion of BTC positions, data shows long-term holders continuing to accumulate Bitcoin in its current range.