Is The Bitcoin Top In? This Metric Points Toward Possible Bull Cycle End – He...
Bitcoin may be demonstrating a slight rebound from its recent downward trend, which began after it hit a new all-time high, but discussions about a possible cycle top are intensifying within the community. While this discussion is accompanied by speculations about this bull cycle nearing its end, an analyst has highlighted a key metric that […]
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The CEO at on-chain analytics firm CryptoQuant has declared the end of the Bitcoin bull cycle, but this analyst has provided a counterpoint. Realized Cap Could Provide Hints About What’s Next For Bitcoin In a post on X, CryptoQuant founder and CEO Ki Young Ju has explained why the bull cycle could be over for […]
Over the years, Bitcoin has maintained a near-consistent bull cycle pattern, usually starting and ending in a similar number of days. As a result, using the previous cycle pattern has become a popular way to try to predict when the next bull market will start and when the next bear market will begin. One of the patterns that many have followed to try to predict the next bull run is the number of days between each cycle, and one analyst is using it to predict the next move. The 1,065-Day Rule That Predicts The Next Bitcoin Bull Run Crypto analyst @0xbeehive took to the X (formerly Twitter)....
Why this bitcoin price bull run could be the market cycle that takes us from gradually to suddenly reaching hyperbitcoinization.
The Ethereum price is drawing attention to its potential future outlook, as a crypto pundit points to a striking resemblance between the altcoin’s price action and Bitcoin’s during the 2015-2017 bull cycle. The analyst’s technical chart analysis suggests that ETH is destined for a breakout to $10,000 this cycle, marking new all-time highs. Ethereum Price […]
Glassnode data finds Bitcoin has entered the "belief zone" for the first time since the July 2019 top, indicating a bull cycle is nearing. Bitcoin (BTC) might be in the early phase of a major new bull cycle, a key on-chain metric suggests on Oct. 27. The dominant cryptocurrency has entered the “belief zone,” which historically marked the start of explosive rallies.According to Glassnode, the last time the Net Unrealized Profit/Loss (NUPL) reached the belief zone was in June 2019. In the month that followed, Bitcoin rose from around $7,500 to $13,868 by over 80%.The NUPL of Bitcoin on top....