Bitcoin CDD Momentum Turns Negative – Experienced Holders Pause Selling
Bitcoin is currently consolidating in a tight range between two major historical price levels—the all-time high (ATH) of $112,000 and the previous cycle’s peak at $103,600, set back in December. Despite heightened global tensions, particularly the escalating conflict between Israel and Iran, Bitcoin has held firm above key demand zones, signaling strong bullish intent even […]
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Bitcoin is once again at a pivotal level, with selling pressure dominating the market and volatility shaking investor confidence. After weeks of choppy trading, BTC is barely holding above the $110,000 mark, a threshold that many analysts view as critical for maintaining a bullish structure. Momentum has clearly shifted in recent sessions, and the market is now bracing for the possibility of a deeper correction. Related Reading: Old Bitcoin Supply Unlocks: 7,626 BTC Aged 3–5 Years Moves Onchain Adding to the concern, top analyst Axel Adler shared insights from the Bitcoin UTXO Age Metrics,....
Bitcoin price saw a sudden 2.5% drop after hitting as high as $19,570 in an overnight rally. The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback.Bitcoin spiked to around $19,600 because of the momentum of its relief rally and negative futures market funding rates. But, it rejected the same level it broke down from since November due to the selling pressure from whales.Bitcoin 1-hour price chart (Coinbase). Source: TradingView.comA relief rally for....
Despite Bitcoin (BTC) gaining notable traction over the past week – rising from approximately $85,000 on April 21 to nearly $95,000 today – the top cryptocurrency’s Demand Momentum remains significantly subdued, signalling caution among investors. Bitcoin Demand Momentum Continues To Be In Negative Zone According to a recent CryptoQuant Quicktake post by analyst Crazzyblockk, Bitcoin’s 30-day Demand Momentum is still firmly in negative territory. Currently, the 30-day Demand Momentum stands at around -483,860 BTC, while the 30-day Simple Moving Average (SMA) of the same metric....
Investors are holding on to their bitcoins now more than ever. The sell trends that are usually experienced during bull markets have not been seen with recent rallies, suggesting that holders across the board are choosing to hold on to their cryptocurrencies rather than selling them off for a profit. These have led to fewer […]
Bitcoin is trading below the $85K mark as the entire market struggles to hold above key demand levels. The recent sell-off has triggered panic selling and increased speculation about the future of BTC, with many investors fearing that a prolonged bear market could be on the horizon. The rapid price drop has shaken confidence, and […]