Bitcoin Continues To Struggle: Here’s What Whales Are Doing
Bitcoin has continued to struggle recently, and its price even briefly fell below $60,000. Here’s what the whales are doing while the market panics.
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Bitcoin Bearish
Bitcoin Whales Calm Amid Market Panic, Holdings Stay Strong
On-chain data shows the Bitcoin whales have continued to hold onto their coins despite the fact that BTC has gone through bearish action recently.
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Bitcoin Could See “More Pullback Than We Think,” Quant Says
A quant has explained that Bitcoin could end up seeing an extended drawdown if the past pattern in the Open Interest ends up repeating.
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Bitcoin Party Over? Signal Points To End Of Bull Phase
A quant has pointed out a pattern in a Bitcoin on-chain indicator that may imply the bull phase may be close to ending for now.
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Bitcoin Coinbase Premium Turns Deep Red: Reason For Crash?
Data shows that Bitcoin Coinbase Premium has plunged into the red territory, which may explain why the asset’s price has crashed to under $68,000.
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Bitcoin Sellers Return On Coinbase, Price Drop To Continue?
Data shows the Bitcoin Coinbase Premium Index has turned negative once more, a sign that could prove to be bearish for the asset’s price.
Bitcoin Coinbase Premium Index Has Dipped Into Red Territory
As pointed out by an analyst in a post on X, selling pressure on Coinbase has risen recently.
Bitcoin Trader Calls For New ATH Spike, Sign Of Local Top?
Data shows that Bitcoin traders have been clamoring on social media for the price to reach a new all-time high (ATH) after breaking above $52,000.
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Bitcoin Finds Defeat At Historical Level: More Pain Ahead?
On-chain data shows a Bitcoin ratio has found rejection at a historical level, a sign that the asset’s downtrend may continue.
Bitcoin MVRV Ratio Has Rebounded Back Down Off The 2.