The recent trends in the crypto market have shown a significant shift with outflows dominating after a period of consecutive inflows. This shift has raised concerns among investors and analysts about the potential impact on various digital assets. One of the key observations from the data provided by CoinShares is the significant outflows in Bitcoin
Bitcoin
Bitcoin has experienced significant price fluctuations recently, leading to concerns about a prolonged bear market. However, there are some faint bullish whispers that suggest a potential reversal in the making. One such indicator is the Bitcoin Taker Buy Sell Ratio, which tracks the balance between buy and sell orders on exchanges. Despite the recent dip
Bitcoin has experienced a notable amount of selling pressure in the past week, leading to a decline in its value by almost 5% according to data from CoinGecko. This bearish pressure has caused the price of the premier cryptocurrency to drop to around $65,000 on Friday, June 14th, marking its lowest level in nearly a
Leading crypto analyst TechDev has recently provided valuable insights into the future trajectory of Bitcoin. According to TechDev, Bitcoin has not yet reached its full potential in the current market cycle, indicating that more price surges are on the horizon for the flagship cryptocurrency. In a recent social media post, TechDev highlighted the importance of
The recent price crash in Bitcoin, dropping from $69,000, has left many investors uncertain about the cryptocurrency’s future. However, according to analyst CryptoCon, the Bitcoin price is still holding strong above $67,000, indicating bullish sentiment in the market. The analysis suggests that Bitcoin is gearing up for a significant price jump, with potential for further
The Bitcoin market is currently experiencing a shift in investor behavior, with short-term traders entering the scene in large numbers. According to a recent report by Bitfinex Alpha, there has been a significant increase in the number of short-term holders in the market, with holdings rising by nearly 55% since January. This surge in speculative
Crypto analyst Dave the Wave has recently provided a bullish narrative for Bitcoin, despite the recent setback in its price. He suggested that based on his logarithmic growth channel (LGC) indicator, Bitcoin could potentially rise to as high as $300,000 in the long term. Looking at the chart he shared, it is expected that this
As Bitcoin continues to show a tepid price action and consolidate post-halving, major crypto analysts have shared their insights on the future trajectory of the flagship cryptocurrency. One such analyst, CrediBULL Crypto, took to X to predict that Bitcoin will soon rise to a six-digit all-time high of $100,000 on its next leg up. This
The world of cryptocurrency art has been revolutionized by the recent release of VESA’s latest creation, BitRam. This unique artwork symbolizes the indestructible and unconfiscatable nature of Bitcoin, breaking away from the traditional Bull and Bear imagery commonly associated with crypto-inspired art. BitRam is a testament to Bitcoin’s relentless spirit in the face of turbulent
The XRP price has been struggling to recover above the $0.5050 resistance zone, leading to a downward movement with the potential to gain bearish momentum below the $0.480 support. Despite attempts to climb above $0.500 and the 100-hourly Simple Moving Average, XRP is facing challenges in maintaining a positive trend. A significant development was the