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Bitcoin (BTC) chose compression over the Easter weekend, sparing nervous traders a fresh dive below $40,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDerivatives traders take no risksData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrowing range with $40,700 as its ceiling Saturday and Sunday.The pair saw little action
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Glassnode data shows the RHODL Ratio’s current trend suggests that the Bitcoin market could be near capitulation. Data Shows Bitcoin RHODL Ratio Has Observed Decline Recently As per the latest weekly report from Glassnode, the supply of coins older than one year has significantly risen recently. To understand the RHODL ratio, you first
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On-chain data shows around 82% of the Bitcoin short-term holder supply is currently in loss, suggesting that capitulation may occur soon. 82% Of Bitcoin Short-Term Holder Supply Now In Loss, While Total STH Supply Declines According to the latest weekly report from Glassnode, the BTC STH supply is nearing all-time lows at
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Bitcoin (BTC) could undergo one last bear market capitulation if "whales" — addresses that hold more than $1 million worth of Bitcoin — ramp up their selling pressure, according to on-chain analyst Willy Woo.Room for another Bitcoin drop?Woo assessed the average price at which short-term investors entered the Bitcoin market across
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"Binance's 24-hour average basis [spread between futures and spot prices] reached a new all-time low on Monday of 1.17%, below the bottom 1.18% seen on July 21, 2021. This points towards a very pessimistic sentiment among leveraged traders and, yes – a sign of capitulation," Vetle Lunde, market analyst at
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Bitcoin is still up in price despite the recent dips and the predictions have not slowed down. If anything, they have become even more prominent. Famed CEO of ARK Invest Cathie Wood has always been bullish on Bitcoin. The CEO earlier in the year had given what some would call
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Bitcoin price along with the rest of the crypto market plummeted today in a shakeout of epic proportions. The highly speculative asset class dropped by as much as 50% from highs, some plunging that much today alone due to the market extreme volatility. The top cryptocurrency by market cap is now
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It’s widely believed that even experts can only identify capitulation after it’s already happened. The thing is, in regulated markets, unscrupulous Billionaires/ Bond villains have the decency to manipulate the market behind closed doors. Traditional markets don’t have as strong a sign as infamous Elon’s tweet. The CEO of investment advisory
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An important fundamental health signal of the Bitcoin network just crossed into “capitulation” territory, which in the past
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The DeFi space rose to incredible heights all throughout 2020 but could have come to a roaring peak
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