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3232Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
https://www.digit.info/bullish-or-bearish-whats-next-for-bitcoin-amid-mixed-market-sentiment/
Thu, 05 Sep 2024 21:20:57 +0000https://www.digit.info/bullish-or-bearish-whats-next-for-bitcoin-amid-mixed-market-sentiment/Read more]]>On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno, weighed in on the discussion, stating the drop in bitcoin’s […]
]]>Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
https://www.digit.info/cryptoquant-bitcoin-demand-remains-weak-despite-accumulation-by-long-term-holders/
Wed, 21 Aug 2024 17:30:55 +0000https://www.digit.info/cryptoquant-bitcoin-demand-remains-weak-despite-accumulation-by-long-term-holders/Read more]]>Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […]
On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno, weighed in on the discussion, stating the drop in bitcoin’s […]
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Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […]
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