Bitcoin

Bitcoin Bearishly Drifts Below Key Support Averages

Bitcoin is experiencing a bearish trend as it falls beneath crucial support averages, raising concerns about the dominance of bearish sentiment. A recent post on X by Shaco AI indicates that Bitcoin is exhibiting signs of “stage fright” as it remains just below crucial short-term moving averages, suggesting a possible decline in momentum. At the time … Read more

Bitcoin ETF

Bitcoin spot ETFs have achieved $1.81 billion in net inflows

The US Bitcoin ETFs are significantly indicative of the prevailing bullish sentiments currently permeating the crypto market. Following an impressive performance in the third week of April marked by $3.06 billion in net inflows, these Bitcoin ETFs successfully retained investors’ interest by attracting almost $2 billion in deposits over the past week. Notably, Bitcoin has … Read more

Bitcoin Realized Cap

Bitcoin Pre-Rally Signals Flashing Prior to Significant 2024 Breakouts

Analyst Indicates Bitcoin is Displaying Pre-Rally Signals Observed Prior to Significant Breakouts in 2024. A recent CryptoQuant Quicktake post suggests that Bitcoin (BTC) may be on the verge of its next significant movement. Contributor Crypto Dan noted that BTC is presently establishing an accumulation pattern akin to those seen in 2024 – patterns that preceded substantial … Read more

Bitcoin ETF

Bitcoin Price Breaks 10-Week High Nears $100,000

Bitcoin price surge approaches the $100,000 mark following a breakthrough of a 10-week high. The market’s largest cryptocurrency, Bitcoin, is once again approaching the $100,000 milestone, following a significant rally that has propelled the cryptocurrency to its highest price since late February. Following the downward pressure linked to Donald Trump’s tariff policies, which prompted a sell-off in … Read more

Bitcoin Demand

Is Bitcoin Demand Resuming?

The trend in active addresses may indicate the possibility that the Bitcoin Demand is resuming. On-chain data indicates that the Bitcoin network is presently experiencing an increase in Daily Active Addresses. This analysis explores the potential implications for the price of BTC. Bitcoin active addresses have recently surpassed the 800,000 threshold. In a recent post on … Read more