Bitcoin Realized HODL Waves Signals Strong Market Confidence – Details
President Donald Trump signed an executive order on Thursday to establish a Strategic Bitcoin Reserve, according to a post on X by White House Crypto and AI czar David Sacks. The announcement was expected to boost market confidence, but instead, Bitcoin fell as the order details disappointed investors who had anticipated a more bullish stance […]
Related News
Bitcoin is currently trading below the $87,000 level, struggling to find momentum as bearish pressure and market volatility continue to create uncertainty. Despite attempts to stabilize, BTC remains under pressure, with traders looking for signs of a potential trend reversal or deeper correction. Related Reading: Bitcoin Realized HODL Waves Signals Strong Market Confidence – Details […]
Data from Glassnode shows that bulls who accumulated during the second half of 2020 are still holding strong, despite a surge in short-term speculation this year. Bitcoin buyers from the early phases of the bull run are still hodling despite BTC’s meteoric surge into new all-time highs, according to data shared by Glassnode.The on-chain analytics provider shared its “Realized Cap HODL Waves” chart, noting that the number of coins that were last realized on-chain in the past six months has nearly doubled from roughly 40% to 80% since the third quarter of 2020 — showing that much of the BTC....
Those who bought Bitcoin this bull market are in no hurry to sell, says Glassnode, as small-time investor numbers also grow. Bitcoin (BTC) investors continue to hodl BTC at $40,000, even if they bought it at lower levels earlier in 2021.In the latest edition of its newsletter, The Week On-Chain, on June 14, on-chain monitoring resource Glassnode revealed that buyers from the first months of this year’s bull market are refusing to cash out."Very young" supply in declineBitcoin has been marked by low volume in recent weeks as price action remained rangebound between $30,000 and $41,000.The....
Bitcoin price finally pushed through a tough resistance cluster to secure a new all-time high at $60,000. Bitcoin (BTC) hit $60,000 for the first time on March 13 as the long-awaited continuation of the BTC price bull run got underway.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC records another landmark price levelData from Cointelegraph Markets and Tradingview tracked BTC/USD as the pair finally crossed the historic level after several weeks of mild corrections and periods of consolidation.Bulls had spent a considerable time in limbo as Bitcoin tested prior all-time....
BTC price is back in a free fall as the price drops to $41,600, but analysts are still holding out for “one more upward impulse” move. The wider cryptocurrency market continued to see choppy, sideways price action on Jan. 17 with Bitcoin (BTC) experiencing a midday dip to $41,650. Across the market, trading volumes remain subdued and U.S. financial markets were closed in observation of the Martin Luther King Jr. holiday. BTC/USDT 1-day chart. Source: TradingViewHere’s what analysts are saying about Bitcoin's price action and the impact today's correction might have on BTC's market....