Bitcoin shrimp wallet numbers may spike 9% in the ‘near future’ — Analyst
Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst. Go to Source
Cryptoquant
Auto Added by WPeMatico
‘Potential top’ for Bitcoin as long-term holders sell 828K BTC in 30 days
A crypto analyst says Bitcoin is in a state of “musical chairs” right now and warns that traders should be “prepared when the music stops.” Go to Source
Bitcoin whales employ ‘wait-and-see strategy’ as price hovers at $96K
A crypto analyst highlighted significant Bitcoin inflows to crypto exchanges from whales, who are still holding back on making any major moves. Go to Source
Over 90% of ETH holders are in profit, but doubts linger over $4K breakout
While more than 90% of Ether holders are in profit, data shows traders remain cautious about the asset hitting $4,000 anytime soon. Go to Source
Bitcoin’s metrics suggest bull market is far from overvalued
Despite recent price corrections, Bitcoin’s valuation metrics still indicate a bull cycle ahead. Go to Source
Altseason delayed due to lack of fresh retail capital — Ki Young Ju
Investors rotate into altcoins along a risk curve, starting with large-cap assets and eventually migrating into riskier low-cap coins. Go to Source
Bitcoin has a 50-50 chance of reaching $100K by year-end: Options data
The likelihood of Bitcoin surpassing $100,000 has risen to 45%, despite its recent pullback, according to recent onchain data. Go to Source
Current Bitcoin price ceiling projected at $135K — Ki Young Ju
Analysts continue to forecast a Bitcoin price target anywhere between $140,000-$500,000 during the current market cycle. Go to Source
Bitcoin long-term holders do not see $90K ‘as an enemy’ — Analyst
A crypto analyst reiterates that “some of these” Bitcoiners have been “here for many years,” and $90,000 is the “first target” for profit-taking. Go to Source
Bitcoin price metrics forecast rally to $100K and above — Here’s why
Data suggests Bitcoin’s all-time high rally to $93,400 is far from over. Go to Source