Expert Highlights Bitcoin’s ‘Moment of Truth’
The Bitcoin Combined Market Index (BCMI) has not yet reached the ‘typical overheating zone’ above 0.75, noted CryptoQuant contributor Woominkyu.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Expert Highlights Bitcoin’s ‘Moment of Truth’
The Bitcoin Combined Market Index (BCMI) has not yet reached the ‘typical overheating zone’ above 0.75, noted CryptoQuant contributor Woominkyu.
Whales Acquire $11 Billion in Bitcoin
Large holders have acquired over 129,000 BTC in the past two weeks, according to analysts at Glassnode. The 30D position change for whales shows they’ve added +129K BTC since March 11 — with momentum picking up sharply over the past 2 days. That’s the largest accumulation rate since late August 2024, signaling growing confidence from […]
Analysts Identify Key Resistance for Bitcoin’s New Rally
Bitcoin must overcome resistance at $88,682 to continue its growth. Outflows from centralized exchanges have reached a seven-month high. Inflows into ETFs have continued for nine consecutive days. To sustain its upward trend, the price of the leading cryptocurrency needs to surpass the 20-week exponential moving average (EMA), currently at $88,682, according to analysts from […]
Santiment Reports Sharp Decline in Bitcoin Holdings on Exchanges
The proportion of the leading cryptocurrency held on exchanges has fallen to 7.53%, according to analysts at Santiment. ? Bitcoin’s ratio of supply on exchanges has officially dropped to as low as 7.53%, the lowest since February 20, 2018. The 7-year milestone reflects a continued trend of investors of crypto’s top asset feeling comfortable ‘hodling’ […]
Santiment Analysts Predict Continued Bitcoin Rally
Based on sentiment analysis, Santiment analysts have concluded that many community members are confident in the continued growth of the cryptocurrency market.
Crypto Funds Reverse Outflows with $664 Million Influx
Between March 15 and 21, net inflows into cryptocurrency investment funds reached $644 million, breaking a five-week streak of outflows that totaled $5.4 billion, according to CoinShares. Data: CoinShares. The volume of assets under management has increased by 6.3% since the low on March 10. The majority of inflows were directed towards Bitcoin instruments, totaling […]
Why bitcoin is range-bound below $87,500
Whale-driven market manipulation is keeping bitcoin below $87,500, analysts say. Forecasts diverge on whether the bull run will continue. A bullish signal has appeared in Ethereum. Potential upside in the leading cryptocurrency is being capped by price manipulation by one or more large players, conclude the authors at Material Indicators. If you are wondering why […]
Federal Reserve Maintains Key Rate, Bitcoin Reacts with Volatility
On March 19, the United States Federal Reserve kept the key interest rate unchanged within the range of 4.25–4.5%. The decision aligned with market expectations and the consensus forecast of analysts. “The Committee seeks to achieve maximum employment and inflation at the rate of 2% over the longer run. Uncertainty regarding the economic outlook has […]
Spot Bitcoin ETFs Record Highest Inflow in Six Weeks
On March 17, inflows into spot ETFs based on digital gold amounted to $274.59 million. Such a high level was last observed on February 4. This series of inflows continued for the second consecutive day. Data: SoSoValue. Total inflows increased to $35.58 billion. AUM reached $94.48 billion. On March 17, the most significant contributions to […]
Memecoin Index Plummets 90% in Three Months
The GMCI Meme index, tracked by The Block, has plunged 90% from its December peaks, indicating a cooling interest in such high-risk assets. At the end of last year, the metric showed a 550% increase, but by March its values had dropped to 80%. The largest assets in the index, such as SHIB, DOGE, PEPE, […]
Crypto Funds Experience Fifth Consecutive Week of Outflows
From March 8 to 14, cryptocurrency investment funds saw outflows amounting to $1.69 billion, following $876 million in the previous reporting period, according to CoinShares. This negative trend has persisted for five consecutive weeks, with clients withdrawing $6.44 billion from products during this period. Since the beginning of the year, the result remains positive at […]
Bitcoin Consolidates Below $84,000 Ahead of Fed Meeting as Focus Shifts to Altcoins
On March 17, the price of the leading cryptocurrency failed to break resistance near $84,500. However, the subsequent pullback was moderate due to a “buy the dip” sentiment, as reported by CoinDesk. Hourly chart of BTC/USDT on Binance. Data: TradingView. Following last week’s sell-off amid recession fears and “trade wars,” the dynamics have become more […]We use cookies to improve the quality of our service.
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