Bitcoin (BTC) Could Be Warming Up For Another Rally, Here’s Why

While Bitcoin’s (BTC) price action since the beginning of the year has been impressive, surging by over 80% since January due to several factors, the asset has plummeted in recent weeks for other reason that include the continuous regulatory scrutiny in the industry. However, according to recent reports, the asset may just be gearing for …

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Bitcoin’s Slowdown At $30,000 Only Temporary, Here’s Why

After seeing an explosive start to the week and breaking above $30,000 for the first time in over nine months, Bitcoin has begun to cool out price-wise. However, this cooldown that has dragged its price below $30,000 once more could only end up being a short stop as indicators point to more bullish movements to …

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Bitcoin Market Shows Signs Of Euphoria, Will $30,000 Be Lost?

Data shows that Bitcoin investors are showing a high amount of hype around the break above $30,000, something that may end up backfiring. Bitcoin Investors Are Showing High Levels Of Euphoria Currently According to data from the on-chain analytics firm Santiment, euphoria in the market is currently significantly more than what was observed following the …

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Bitcoin Circulation Rate Remains Low, Why This Could Be Bad For Rally

On-chain data shows the Bitcoin circulation rate has continued to be low recently, something that may be bad news for the current BTC rally. Bitcoin Circulation Has Remained Low Despite Recent Price Surge According to data from the on-chain analytics firm Santiment, 105,000 BTC is moving per day currently. The relevant indicator here is the …

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Bitcoin Loss Taking Spikes, Why This Could Be Bullish

On-chain data shows Bitcoin loss-taking transaction volume has spiked recently. Here’s why this could turn out to be bullish for the asset’s price. Bitcoin Loss-Taking Volume Has Been More Than The Profit-Taking One Recently According to data from the on-chain analytics firm Santiment, traders are currently taking losses at twice the rate of profits. The …

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Ethereum Breaks $1,900 As Sharks Continue Accumulation

Ethereum has broken the $1,900 mark today as on-chain data shows sharks have been continuing to accumulate more of the asset. Ethereum Sharks Are Currently Holding Their Highest Amount In A Year According to data from the on-chain analytics firm Santiment, the sharks have been constantly adding to their holdings since last summer. The relevant …

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