Why Bitcoin Bull Market Shakeouts Are Healthy For Holders
At this point, no one can deny that Bitcoin has begun a new bull market. The 500% rally and new all-time high in 2020 is all the evidence that is needed. But that doesn’t mean that corrections won’t soon come, and according to VanEck’s digital asset director, Gabor Gurbacs even a +50% price drop will […]
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An analyst has explained how an important Bitcoin indicator is back to levels that may be considered healthy for a bull-market uptrend. Bitcoin Short-Term Holder Realized Price No Longer Growing Too Fast In a new post on X, analyst James Van Straten has talked about the 7-day rate of change in the Realized Price of […]
Bitcoin has faced persistent challenges in recent weeks, struggling to maintain a stable upward momentum. After recently slipping below $100,000, the cryptocurrency now hovers around the $95,000 mark, causing uncertainty among investors. Despite these setbacks, some analysts see signs that the market’s bull cycle may still have room to run. CryptoQuant contributor MAC_D recently examined the current state of Bitcoin’s realized market capitalization, offering insights into what might lie ahead for the asset. Related Reading: Bitcoin’s Struggle Below $100K: Could These Market Signals Trigger....
A quant explains how Bitcoin on-chain data may be used to identify whether a high was because of peak formation or due to a shakeout. Open Interest, Funding Rates, And LTH-SOPR May Signal Whether A Peak Vs A Shakeout As explained by an analyst in a CryptoQuant post, a combination of different on-chain indicators may be able to identify whether a high means the price is forming a peak or if it’s just a shakeout. The relevant Bitcoin indicators here are the open interest, the funding rates, and the LTH-SOPR. Before considering the trend of each, here are some quick explanations of what....
Bitcoin (BTC) investors may need to temper their expectations as the cryptocurrency heads into its final bull run. Analysts indicate that the bull rally could unfold slowly, suggesting a gradual climb to new highs. Traders are being urged to prepare for heightened volatility and plan their strategies carefully to protect gains while staying positioned for potential upside. Slow Climb Expected In Bitcoin’s Final Bull Run A market expert who calls himself Crypto Waterman has shared his latest outlook on Bitcoin’s final bull run. He expects the last leg of the rally to be a slow and....
Prominent crypto analysis page XWIN Research Japan reports that Bitcoin has reached a new milestone: 15.8 million long-term holders. Interestingly, this record has come amid a bearish period for the leading cryptocurrency, whose value has dropped by 9% since May 6, when prices first peaked around $82,000. In a QuickTake post on May 30, XWIN analysts dissect this structural anomaly, noting that a surge in long-term holders (LTH) is typically interpreted as a major bullish signal. For context, Bitcoin long-term holders refer to investors/addresses that have held Bitcoin for over 155 days.....