Bitcoin has surged more than 47% from its recent lows, hitting a new all-time high in May as holding patterns show strong accumulation. Unlike in past market cycles, long-term holders are not in a hurry to sell. On-chain data reveals a notable lack of aggressive selling despite substantial profit potential, indicating strong conviction among long-term investors and little structural drag on the uptrend. Real Vision analyst Jamie Coutts stated in a May 28 X post that the LTH-SOPR (Spent Output Profit Ratio) indicator is one of the most obvious indicators…
Tag: Rally
Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is trading above $2,600 after a volatile stretch that saw bulls regain momentum and push the price into a key resistance zone. The recent rebound has brought renewed…
Bitcoin To Continue Price Discovery Rally If It Holds These Levels
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. As Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just started, forecasting new highs for the flagship crypto. Related…
Ethereum Price Faces Pressure: Can It Sustain Its Recent Rally?
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a move below the $2,500 support zone in the near term. Ethereum…
Bitcoin, ETH, XRP, SOL, HYPE and DOGE look ready to rally
Key points: Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue. Several major altcoins witnessed a pullback, but lower levels continue to attract buyers. Bitcoin (BTC) is attempting to sustain above $109,588, indicating buying on every minor dip. Bitcoin has risen for seven consecutive weeks, and if buyers can extend the streak to eight weeks, it clears the path for further upside. Crypto analyst and trader Carpe Noctom said in a post on X that Bitcoin has only seen three instances of eight…
Bitcoin all-time high rally catalyzed by Japanese bond market turbulence
Bitcoin’s recent all-time high may be linked to ongoing issues in the Japanese bond market, possibly signaling BTC’s growing recognition as a hedge against instability in the traditional financial (TradFi) system. Bitcoin’s (BTC) price rose to a new all-time high of $112,000 on May 22, before retracing to change hands above $109,700 at the time of writing on May 26, Cointelegraph data shows. While some attributed the rally to geopolitical developments, including US President Donald Trump’s announcement of Russia–Ukraine ceasefire talks on May 19, macroeconomic factors appear to be playing…
Is The Bitcoin Rally Over After $111,900 ATH? Global M2 Money Supply Is Still Going
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin has seen a sharp pullback in the past few days, dropping below $110,000 after setting a fresh all-time high of $111,900 just four days ago. The correction saw…
BNB Price Eyes Comeback: Can It Regain Momentum and Rally Higher?
BNB price is consolidating above the $665 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $655 support zone. The price is now trading below $675 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $665 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $660 level to start another increase in the…
Bitcoin Price Aims Higher: Is the Rally Just Getting Started?
Bitcoin price started a fresh increase and traded to a new all-time high above the $111,600 zone. BTC is now consolidating and might start another increase above $111,000 Bitcoin started a fresh upward move from the $106,800 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $107,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $110,000 resistance. Bitcoin…
Wall Street Joins BTC Rally With Toyotas While Retail Crashes Their Lambos
What happens when retail logs off from crypto and Wall Street tunes in? Looking at bitcoin’s recent all-time-high, one would say it feels bullish and the industry is maturing. That might as well be the case, but we might not be there yet. So before we floor our Lambos, let’s look under the hood. First things first, retail investors have basically ghosted this rally. A quick search on Google Trends using the keyword “bitcoin” shows that the surge that was seen back in 2021’s bull market is non-existent. Back then,…