Bitcoin is exhibiting signs of weakening bullish momentum as it enters a consolidation phase, leaving the market poised for either a corrective pullback or decisive breakout according to prominent on-chain analyst Willy Woo. Current conditions show spot buyers maintaining marginal… Read More »Analyst Willy Woo Flags Bitcoin Consolidation Phase as Market Awaits Key Demand Signals
Blockchain analytics firm Glassnode reports that Bitcoin short-term holders (STHs) are establishing critical support and resistance levels for BTC, with key price zones emerging at $110,000 and $140,000 based on investor behavior patterns. STHs—defined as investors holding Bitcoin for under… Read More »Glassnode Identifies $110K Bitcoin Support and $140K Resistance Driven by Short-Term Holders
Bitcoin demonstrates notable price stability near the $117,000 threshold, buoyed by significant accumulation patterns identified through on-chain analysis. Current data reveals over 73,000 BTC were acquired within this price range, establishing a concrete support foundation. the support concentration between $117,259… Read More »Bitcoin Consolidates at $117,000 Backed by Strong Support Zone of 73,000 BTC Holdings
CryptoQuant analyst AXEL has identified the current absence of the ‘Peak Signal’ indicator, a historically reliable metric for pinpointing Bitcoin market tops. This observation indicates that BTC has likely not yet reached its cycle peak, offering investors critical data to… Read More »Key ‘Peak Signal’ Absence Suggests Bitcoin Market Top Not Yet Reached, Says CryptoQuant Analyst
Bitcoin’s 30-day active supply has declined by 17% over the past month, signaling a potential cooling in short-term market activity. Despite this significant drop in coins moving on-chain, the Bitcoin price has demonstrated notable resilience, holding firmly above the $100,000… Read More »Bitcoin Active Supply Drops 17% Amid $100K Stability, Long-Term Strength Intact