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Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs.Data from on-chain analytics platform CryptoQuant shows users of 21 major exchanges sending coins to their wallets en masse June 14.Major exchanges finish up 83,000 BTC in a single dayAs BTC/USD
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Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021.More importantly, Ether has underperformed Bitcoin (BTC) by 33% between May 10 and June 14,
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Bitcoin (BTC) is trading around the $30K price level and appears to be in the mid-to-late stage of a bear market phase, according to some indicators. Meanwhile, some fund managers are hoping for a 10%-20% price jump to recover from last month's losses. Original Source
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On-chain data shows the Bitcoin NUL indicator is still below a value of 0.5, a sign that more downtrend could be in store for the crypto before the bottom is in. Bitcoin Net Unrealized Loss Surges Up, But Still Remains Below 0.5 As pointed out by an analyst in a CryptoQuant post,
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Summary: Arthur Hayes has released a new forecast of a possible bottom for Bitcoin at between $25k to $27k and Ethereum at between $1,700 to $1,800. Mr. Hayes also questions whether the crypto markets have already factored in multiple interest rate hikes by the US Fed. He adds that the correlations between Bitcoin,
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Bitcoin (BTC) recovered to $30,000 prior to the June 2 Wall Street open as feet remained cold across crypto markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Crucial breaker rejecting" on BitcoinData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $30,182 on Bitstamp after wicking down to
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Bitcoin (BTC) put in fresh gains overnight into May 31 as the monthly close looked set to seal losses of around 15%.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAsks stack up above $33,000Data from Cryptox Markets Pro and TradingView showed BTC/USD consolidating once more after a fresh burst took it to $32,200
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On May 30, the total crypto market capitalization gained 4% and currently is within reach of a $1.3 trillion market capitalization. The move was enough to erase the losses from the previous seven days and was driven mainly by Bitcoin's (BTC) 4.9% gain during that time frame.Total crypto market cap,
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Every Bitcoin investor is searching for signals that the market is approaching a bottom, but the price action of this week suggests that we're just not there yet. Evidence of this can be found by looking at the monthly return for Bitcoin (BTC), which was hit with a rapid decline that
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Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself.That was according to new analysis released on May 24, which studied Bitcoin's interaction with its 200-week moving average (WMA).Bitcoin floor target could be between $15,500 and $19,000In a
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