More Capital Ready to Enter Bitcoin, Reveals On-Chain Indicators

More Capital Ready to Enter Bitcoin, Reveals On-Chain Indicators

A technical bias conflict in the Bitcoin market is looking to influential on-chain indicators for cues—and most of them are favoring bulls.


Related News

Bitcoin Exchange Inflows See Sharp Drop, Are Sellers Tiring Out?

Bitcoin is beginning to show signs of a potential upward trend as several on-chain metrics are turning positive. These metrics, which often serve as indicators of future price movements, paint a picture of growing optimism in the market. One of the key indicators supporting this positive outlook is the exchange inflow/outflow data, which reveals a […]

On-Chain Update: Bullish Indicators Despite Price Dips

Despite the recent bitcoin sell off, there are several very bullish on-chain indicators showing HODLers are accumulating through this dip.

Can On-Chain Indicators Call Tops And Bottoms For The Bitcoin Price?

Analyzing seven key on-chain indicators can give us major hints as to when the bitcoin price is at the top or bottom of the current market cycle.

Bitcoin Price Technical Analysis for 06/14/2016 – Potential Uptrend Correction

Bitcoin price looks ready to make a correction from its recent rally, giving buyers a chance to hop in the uptrend at better levels. Bitcoin Price Key Highlights. Bitcoin price recently made a strong rally but it looks like bulls are booking profits. This could offer a nice opportunity to enter on a short-term correction from the sharp climb. Using the Fibonacci retracement tool on the latest swing low and high on the 1-hour time frame shows potential entry points. Technical Indicators Signals. The 100 SMA is above the longer-term 200 SMA so the path of least resistance is to the upside.....

Is The Bitcoin Cycle Top In? Here’s What 13 On-Chain Indicators Say

In the latest edition of Capriole Investments’ “Bitcoin Update,” Charles Edwards, founder and CEO, examines the current state of Bitcoin through a detailed analysis of thirteen on-chain indicators to address the critical question: Is the Bitcoin cycle top in? A month after a promising technical breakout above $65.5K, which briefly touched $70K, Bitcoin experienced a […]