South Korea bans Bitcoin spot and futures ETFs, blocking funds investing in virtual asset companies, to protect investors. Critics see these restrictions as excessive.
Bitcoin reached an all-time high of $94,000 driven by U.S. Coinbase investors. Key insights by CryptoQuant CEO reveal strong domestic interest and President-elect Trump's pro-crypto stance. Despite miners taking profits, buyer demand persists, indicating possible further highs. Holding $89,800 is crucial for continued bullish momentum.
CryptoQuant warns of a potential Bitcoin price top as BTC hits $94,000. Indicators like MVRV ratio and Fear and Greed Index suggest a possible overvaluation and rally exhaustion. Lack of new capital inflow may also limit upward momentum, raising concerns for investors about a potential correction.
The Bitcoin Puell Multiple, an on-chain indicator, is approaching a crossover with its 365-day moving average, historically signaling bullish trends for BTC. The metric, which tracks miner revenue, suggests potential price rallies if it crosses this line.
CryptoQuant highlights five indicators that suggest a potential Bitcoin market peak. As its price nears record highs, investors should stay alert to these signals.
CryptoQuant reports five key indicators suggesting a potential Bitcoin price crash, with one already showing warning signs.
Ethereum's NUPL hits a four-year low, potentially indicating decreased investor optimism for ETH holders. This trend might suggest increased selling pressure or a market correction as traders assess potential risks and profit-taking opportunities. Monitoring NUPL can offer insights into market sentiment and future price movements of Ethereum.
Bitcoin reaches $90,000 as the market enters a euphoric phase, according to CryptoQuant CEO Ki Young Ju.
Ki Young Ju, CEO of CryptoQuant, highlights Bitcoin's entry into a euphoric phase as it maintains the $90,000 level, marking significant market growth.
Bitcoin faces a crucial moment with potential for either a rally or reversal, according to CryptoQuant's analysis focusing on the Puell Multiple.
Bitcoin may still have potential for price growth according to the Spent Output Profit Ratio (SOPR) indicator for short-term holders, which isn't overheated yet.
Bitcoin's exchange reserves are declining, indicating more long-term holding, which may lead to market shifts. Analysts warn of possible market correction as BTC nears $100,000 but highlight a long-term bullish outlook due to reduced liquidity. Institutional interest contributes to this trend, indicating a maturing market for strategic investments.
Bitcoin's market shows healthy growth, with the STH SOPR metric indicating moderate optimism. Analyst G a a h suggests short-term holders are taking profits cautiously, maintaining price stability above $90,000. Further upward movement is possible, but investors should monitor market behavior closely to manage risks effectively.
A model from CryptoQuant's founder suggests Bitcoin's current maximum price could be about $135,000 based on the Realized Cap, a valuation model. This approach sets a 'ceiling price' at 3.9 times the Realized Price and a 'floor price' at 0.75 times. Bitcoin is currently trading around $90,000.
CryptoQuant CEO Ki Young Ju estimates Bitcoin's ceiling price at $135,000 but warns of potential corrections.
A $3.2 billion inflow of USDT into crypto exchanges increases market optimism, indicating boosted liquidity and potential price hikes.
Bitcoin's demand is outstripping supply, with low seller volume supporting a bullish outlook. Prices remained stable between $91,700 and $88,700. Analysts predict potential surges as Bitcoin nears its all-time high, driven by strong demand and market optimism despite limited selling.
U.S. Bitcoin spot ETFs' holdings have increased significantly from 629,900 BTC to 1,054,500 BTC, influencing market trends.
Bitcoin miners have sold over 3,000 BTC recently, sparking concerns of a short-term consolidation phase after its bullish momentum reached $90,000. This miner selling introduces additional supply, possibly leading to a temporary cooling off period. However, Bitcoin's resilience above $90,000 indicates strong demand and positive market sentiment.
Analysts predict Bitcoin's price could range from $112,000 to $500,000 amid market volatility, with insights from CryptoQuant's CEO.
Bitcoin is projected to experience a cooling phase before potentially rising to $100,000, according to analysts. CryptoQuant highlights possible corrections on this journey.
CryptoQuant's founder discusses how the dominance of memecoins indicates weak narratives in the altcoin space, likening crypto traders to game players and Web3 projects to developers.
CryptoQuant's CEO, Ki Young Ju, predicts a Bitcoin bull market, expecting prices to reach $135,000.
Bitcoin's MVRV ratio suggests a profit-taking zone as it reaches 2.64, indicating potential price corrections. Analysts advise monitoring this indicator for further market signals. Despite recent gains, risks of a dip remain due to historical trends in MVRV ratios and short-term holder caps.
Bitcoin's price, driven by factors like MVRV ratio and investor demand, could potentially surpass $100,000 soon, despite some pundits claiming the rally is over. CryptoQuant suggests Bitcoin is not overvalued and warns of possible selling action ahead as demand and liquidity increase.
Bitcoin's NVT golden cross indicates recent price levels may not be the peak, suggesting potential for further rally beyond $100,000.
The Bitcoin Network Value to Transactions (NVT) Golden Cross suggests a 'local bottom', indicating a possible buying opportunity. However, with the Fear & Greed Index showing extreme greed, caution is advised as a market correction could occur.
Bitcoin's price surges 38% in ten days, consolidating below $93,400, as miners sell off coins. Anticipation for BTC's next move grows.
Bitcoin exchange reserves have hit their lowest levels since 2018, influenced by a decline in BTC supply on exchanges and a bullish market trend.
Bitcoin exchange reserves have dropped to a five-year low, suggesting a shift toward long-term holding and increased investor confidence. This trend may affect market stability, as reduced supply can lead to volatility. Recent price declines have impacted Bitcoin's market cap and trading volumes, leading to significant trader liquidations.
CryptoQuant has announced that a long-awaited metric for Bitcoin has finally been observed.
Bitcoin traders' profits recently surged to 47%. On-chain data examines how they compare to past peaks.
