Tag: Bullish

Bitcoin’s $117k Reset Unlocks Path Toward ATH As Bullish Structure Strengthens

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Bitcoin is presently valued in the $122,000 price region following an impressive price surge over the last week. Notably, bullish sentiments around the crypto market leader are presently strong as analysts speculate that another accumulation phase may have commenced. On-chain analytics page, Swissblock has now provided an in-depth analysis of the present market situation, with insights on potential drivers for profits or losses. BTC Dip To $108,600 A Constructive Reset Earlier this month, Bitcoin registered a sharp decline from $117,000 to $108,600, sparking fears of a deeper correction. Although the…

Bitcoin options market turns bullish with $300K moonshots

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Most Bitcoin options are clustering in the $100,000 to $120,000 range, with some traders betting $300,000 on moonshots. Summary Bitcoin options cluster between $100,000 and $120,000, with some quiet optimism Some traders bet on $300,000 moonshot, unlikely but cheap Analysts say that positive ETF inflows are behind BTC’s bullish momentum The Bitcoin options market is revealing bets clustered around its current price of $120,000, with speculative outliers showing demand for upside exposure. On Thursday, Oct. 2, Bitcoin options clustered around the $100,000 to $120,000 range, near the current price, data…

Bitcoin Futures Trades Flip Bullish Into $121K BTC highs

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Key points: Bitcoin futures buy volume indicates that traders are becoming increasingly long-term bullish on BTC this month. The $110,000 “gap” in CME Group’s Bitcoin futures remains unfilled. Bitcoin ETF options experience a spike in popularity as IBIT open interest nears $40 billion. Bitcoin (BTC) derivatives traders are flipping “aggressively long” as price squeezes closer to all-time highs. In a new analysis released on X Friday, J. A. Maartunn, a contributor to the onchain analytics platform CryptoQuant, revealed a significant shift in Bitcoin futures in October. Bitcoin futures buy volume…

Can Dogecoin Hit $1? Bullish Patterns and Global Adoption Spark Fresh October Optimism

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Dogecoin (DOGE) has started October with renewed strength, riding a wave of bullish technical patterns and increasing global adoption that continue to boost optimism among traders and long-term holders alike. Related Reading As momentum grows, analysts are closely monitoring key resistance levels around $0.33 and higher as DOGE shows signs of consolidating for its next big move. The technical outlook is supported by on-chain signals and open interest inflows, indicating that market participants are gearing up for further upside. DOGE’s price trends to the upside on the daily chart. Source:…

Here’s Why Coinbase Is Still Bullish on Bitcoin, According to Crypto Exchange’s Institutional Strategy Head John D’Agostino

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A top Coinbase executive says that there is one big reason to remain bullish on Bitcoin (BTC). In a new interview on CNBC Squawk Box, John D’Agostino, Coinbase’s head of institutional strategy, says that Bitcoin is performing well as a hedge against inflation and will become even more attractive to investors as the Fed continues to cut rates. “We’ve seen, year-to-date, gold doing really well, up 46% or so. Bitcoin doing well, up about 21%. Ethereum up about 25%… But push back year-on-year, gold’s up about 44%, Bitcoin is up…

Bitcoin Smashes Past $118K – Is Stronger Bullish Momentum Now Set To Begin?

Bitcoin price started a strong increase and traded above $118,000. BTC is now consolidating gains and might correct some points in the short term. Bitcoin started a major increase above the $116,500 zone. The price is trading above $117,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $117,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $119,500 zone. Bitcoin Price Starts Fresh Surge Bitcoin price…

Bullish Launches in 20 US States After Getting NYDFS BitLicense

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Institutionally-focused crypto trading platform Bullish has launched in 20 US states after receiving a BitLicense and a money transmission license from the New York financial services regulator last month. Bullish debuted spot trading with two institutional clients on its first day: crypto infrastructure firm BitGo and crypto brokerage Nonco, it said on Wednesday. Source: Bullish Some of the largest states where trading on Bullish is now accessible include California, Florida, Arizona, Washington, DC, and New York, where the New York State Department of Financial Services approved Bullish’s BitLicense and money…

The Bullish Pattern That Suggests New Highs

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The Dogecoin price may be preparing for what an analyst calls a “face-melting rally,” as fresh bullish technical patterns indicate a potential breakout. A crypto analyst notes that DOGE is entering a critical stage, similar to historical setups that have preceded significant upward moves. If the pattern plays out as expected, it would bolster the market expert’s confidence in the meme coin’s outlook.  Rare Setup To Ignite Dogecoin Price Rally  Market analyst Mikybull Crypto has drawn attention to a key chart formation that traders rarely encounter, the Bump & Run…

Binance Is Hotbed for Altcoin Breakout, Bullish Data Emerges

Key Notes CryptoQuant analyst JA_Maartunn has highlighted the jump of Binance’s altcoin volume share to 82.3%. The highest this metric has ever recorded came in at 76%. XPL, ASTR, SOL, and PUMP are mainly responsible for the spike. . Binance’s altcoin volume outlook is following a movement that has market watchers wondering. According to blockchain analytics firm CryptoQuant, the altcoin volume share recently hit an all-time high (ATH) of 82.3%. This marks a significant milestone because it has never reached this level in the past. Binance Altcoin Volume Share Beats…

Bitcoin, Ethereum ETFs draw in over $1B as market rebounds ahead of bullish October

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Bitcoin and Ethereum spot ETFs recorded a combined $1.06 billion in net inflows on Sep. 29, as institutional demand returned ahead of what has historically been one of the most bullish months for Bitcoin and other major crypto assets. Summary Bitcoin and Ether ETFs have collectively drawn over $1 billion in net inflows on Monday. Spot Ethereum ETFs outpaced Bitcoin with inflows of $546.96 million. According to data from SoSoValue, the 12 spot Bitcoin exchange-traded funds in the U.S. drew in $521.95 million in net inflows on Monday following two…