Glassnode, a leading on-chain platform, has identified a potential support area for Bitcoin near the $80,000 mark. Recent price declines have led to significant accumulation of investors at […]
Bitcoin Hits Supportive Range, Driven by Investor Confidence
Glassnode data reveals a strong support area for Bitcoin around the $80,000 level. This concentration of buying activity has been highlighted on heat maps, indicating substantial investor interest […]
Bitcoin Breaks $86,500, Shifting On-Chain Metrics Suggest New Market Trends
Bitcoin has surged past the $86,500 mark, impacting key on-chain metrics that reveal insights into investor activity and potential future price trends. Short-term holders (STHs) now carry a […]
Bitcoin Price Plummets: Unpacking Short-Term Investor Selling
After an initial upward trajectory, Bitcoin (BTC) experienced a sharp decline following the opening of US markets. This downturn has generated discussions among on-chain analysts about short-term investor […]
Bitcoin Price Challenges Speculation with Strong On-Chain Signals
Bitcoin’s price continues to hover near $110,000, but on-chain analysis expert Ki Young Ju offers new insight after facing initial skepticism about the accuracy of his previous predictions. […]
Bitcoin Stalls Near $113K, Long-Term Holders Sell Off Leading to Market Volatility
Bitcoin’s price struggles to break above the $113K mark, indicating a lack of conviction in the market. Analysis from Glassnode suggests that long-term holders (LTHs) are selling off […]
Significant USDT Deposit Just Before Announcement
Recent on-chain activity reveals a significant influx of USDT, totaling 500 million units, into 10 separate wallet clusters associated with Stable Treasury owners just before an official announcement. […]
Dash Could Reach $100: Analyst Sees Accumulation Signals
On-chain analysis firm Alphractal believes Dash is poised for a breakout towards the $100 mark, driven by accumulating signals suggesting a potential new phase of growth. Their findings […]
XRP’s On-Chain Signals Suggest Potential Rally to $4
Santiment analysis highlights XRP’s historical on-chain data, suggesting a potential buying opportunity based on the perceived negativity surrounding the asset (retail FUD). Experts predict that if XRP breaks […]
Bitcoin Faces Key Resistance at $117,000 – Glassnode Insights
A recent analysis from the on-chain analytics firm Glassnode reveals a crucial resistance level for Bitcoin at around $117,000. This data comes from the Cost Basis Distribution (CBD) […]
Bitcoin’s On-Chain Signals Spark Cautious Market Outlook
Despite recent Bitcoin price jumps, a closer look at the blockchain reveals a more cautious picture. Eight out of ten key on-chain metrics have shifted to bearish territory, […]
Mixed Signals in On-Chain Data: Current Analysis Indicates Uncertainty
Recent on-chain analysis by Foresight News reveals a mixed picture based on Glassnode data. While the Relative Strength Index (RSI) is nearing a neutral zone, spot Cumulative Volume […]
Bitcoin’s Bullish Momentum Signals Warning Signs
A key on-chain metric, the Bitcoin Bull Score, has reached a level historically associated with bearish conditions, signaling potential headwinds for the cryptocurrency’s future trajectory. The score is […]
Ethereum Support Zone: Could Drop to $3,700 if Price Fails
Ethereum is facing crucial support and resistance levels after reaching new highs this week. On-chain analyst Ali Martinez warned that a failure of the key $4,260 level could […]
Bitcoin Price Hits Resistance at $100,000 Mark: New On-Chain Data Sheds Light
Fresh on-chain data from CryptoQuant reveals a significant cluster of realized Bitcoin prices near the $100,000 mark. This accumulation of buyers who purchased around this level suggests potential […]