Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says - Overpasses For America

Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says - Overpasses For America

As Bitcoin (BTC) consolidates near the $119,000 mark following a new all-time high (ATH) above $123,000 last week, several on-chain indicators are presenting a mixed picture regarding the cryptocurrency’s next major move. Bitcoin On-Chain Data Shows Mixed Outlook According to a CryptoQuant Quicktake post by contributor Chairman Lee, BTC exchange reserves have risen noticeably since late June. This sharp uptick suggests increased profit-taking ac…

Bitcoin Stalls Below $118,000 As Traders Brace For Deeper Pullback

Bitcoin BTC/USD remains stuck around the $118,000 level, with traders increasingly cautious as key support zones weaken. The lack of bullish momentum has prompted several to exit long positions and wait for a deeper retracement before re-entering. What Happened: CrediBULL Crypto stated on Wednesday that he exited his Bitcoin longs after both the blue zone and hourly demand were breached. While price hasn’t fully broken down, the repeated failu…

Analyst: Low Bitcoin Flow to Exchanges Points to High Market Confidence – MAXBIT

Bitcoin’s most recent rally has sparked investor conviction rather than the sort of panic selling seen in previous bull cycles. Key on-chain metrics show a surprising trend: major holders aren’t moving their crypto to exchanges despite prices hovering just below all-time highs. The Confidence Signal According to a July 23 post by CryptoQuant analyst Arab...

Analyst: Low Bitcoin Flow to Exchanges Points to High Market Confidence

Bitcoin’s most recent rally has sparked investor conviction rather than the sort of panic selling seen in previous bull cycles. Key on-chain metrics show a surprising trend: major holders aren’t moving their crypto to exchanges despite prices hovering just below all-time highs. The Confidence Signal According to a July 23 post by CryptoQuant analyst Arab Chain, the Bitcoin Flow Pulse (BFP) indicator shows an unusually low volume of BTC heading t…

Experts Predict: Bitcoin Set to Surge Past $123K—Here's Why!

In the ever-unpredictable world of cryptocurrency, Bitcoin has once again become the center of discussion among investors and analysts alike. With recent market variables suggesting a bullish trend, industry experts are forecasting a possible surge in Bitcoin’s value, predicting it could surpass $123,000. This optimistic outlook stems from a combination of market sentiment, technical analysis, and underlying economic indicators that suggest a fa…

‘This isn’t a top’: Here’s why Bitcoin analysts say BTC will break $123K

Bitcoin onchain metrics signal a continued rally past $123,000.