Analysts Identify $74,000 Breakthrough as Key to Bitcoin’s Next Rally
The price of the leading cryptocurrency rose by 7% over the week; the market's future direction hinges on breaking the $73,750-$74,400 range, according to analyst Omkar Godbole.Glassnode is a blockchain data and intelligence platform providing insights into cryptocurrency markets.
Analysts Identify $74,000 Breakthrough as Key to Bitcoin’s Next Rally
The price of the leading cryptocurrency rose by 7% over the week; the market's future direction hinges on breaking the $73,750-$74,400 range, according to analyst Omkar Godbole.
Bitcoin’s Correlation with Stocks Hits 2022 Low
The primary condition for significant growth in digital gold and altcoins will be their independent movement from traditional financial markets.
Crypto funds zero out bitcoin and ether positions for the first time
A market correction has pushed many professional investors into liquid assets or higher cash allocations.
Long-term bitcoin investors realise hefty losses, says Glassnode
Bitcoin’s drop to $60,000 put psychological pressure on long-term holders comparable to Terra’s May 2022 collapse, Glassnode said.
Glassnode Calls Bitcoin’s Current Drawdown ‘Moderate’
Glassnode says the current crypto market structure resembles 2015–17, marked by “moderate drawdowns”.
Glassnode Identifies $83,400 as Bitcoin’s Last Support Before Potential Price Drop
Glassnode analysts have observed the consolidation of the leading cryptocurrency's prices near key on-chain levels. The market requires confirmation of demand to avoid further structural weakening and a price decline.
Analysts Observe Crypto Market Recovery and Leverage Reduction
Experts from Coinbase Institutional and Glassnode have noted a market recovery following October deleveraging.
Bitcoin Faces Shift as Long-Term Holders Exit Amid Record Sales
The CryptoQuant analyst known as Kripto Mevsimi has described 2024-2025 as a period of the "largest release" of long-term Bitcoin supply in history.
Analysts Spot Signs of Recovery in Bitcoin’s Spot Market
Glassnode analysts see an improving spot market for bitcoin as volumes rise and selling pressure eases.
Glassnode Records Doubling of New Ethereum User Growth
Glassnode researchers observed a doubling in Ethereum’s activity-retention metric.We use cookies to improve the quality of our service.
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