Tag - market sentiment
21Oct

Bitcoin price trades sideways as old wallets sell into institutional demand

Bitcoin price hovers near $107,000 as legacy wallets quietly sell into institutional demand, keeping prices range-bound despite rising activity. Summary Bitcoin trades sideways, hovering near $107K after a volatile week. Long-term holders continue selling into institutional inflows, limiting upside. Technicals stay neutral-to-bearish with resistance at $115K and support near $107K. At press time, Bitcoin was trading at...

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26Mar

Solana meme coin costs trader $46k in 3 minutes

Meme coins on Solana continue to epitomize crypto’s infamous gambling aspect, where participants may make or lose a fortune with a few clicks. Lookonchain highlighted a trader’s loss of 263.5 Solana (SOL) valued at $46,000 after investing in meme coin LADYF on March 22. The crypto user bought over $50,000 worth of the meme token shortly...

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23Mar

Analyst: Bitcoin resistance around $66.9k pre-halving

Bitcoin (BTC) and cryptocurrency analyst Ali-Charts identified three critical prices that serve as support levels for the largest digital asset in the world. According to the on-chain observer citing Glassnode data,  $61,100, $56,685, and $51,530 should cushion against further Bitcoin dips. Conversely,  $66,990 and $72,88 have emerged as the following resistance levels to break after BTC set a...

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22Mar

Bitcoin long-term investors have started selling, potentially derailing $75k price rally

Bitcoin’s price started the week positively, rising to a daily peak of $68,884. However, with BTC long-term holders booking profits ahead of the halving event, the rally could be short-lived. On March 18, the Bitcoin price unsuccessfully attempted to reclaim the $70,000 territory. On-chain data trends provide insights into major bearish catalysts that could impact the...

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29Feb

Bitcoin’s dash past $62k spurs caution warning from Matrixport veteran

Bitcoin continued an impressive run toward its previous all-time high, eliciting vigilance suggestions from Matrixport’s co-founder, who believes a correction is due. Matrixport co-founder Daniel Yan tweeted that a market retrace of as much as 15% may be on the cards sometime in April, the same period industry participants anticipate the quadrennial Bitcoin (BTC) halving, which will slash...

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