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Bitcoin Faces Potential Major Pullback: Glassnode Analysts Predict Price MovementGlassnode analysts are warning that despite Bitcoin's recent record highs, its continued upward momentum may be nearing its end, with a significant price correction potentially looming in the coming days. A report released on Tuesday notes that Bitcoin has entered a new price discovery phase, with nearly all circulating Bitcoin currently in profit

Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200

September 2024: Typhoons, Disasters, War, and Market Fluctuations, the World Moves Forward in TurmoilSeptember 2024 has been a month of turmoil and unrest around the world. From Typhoon "Capricorn" hitting Wenchang, Hainan, to the bizarre incident of a woman in Heilongjiang hiring a friend to boil traditional Chinese medicine, leading to the friend's death from carbon monoxide poisoning, and from the plummeting of Bitcoin and the sharp drop in US stocks to the escalating Russia-Ukraine war, various events have intertwined, making people sigh at the unpredictability of life

Bitcoin Reclaims $60,000, 74% of Circulating Supply Unmoved, Signaling Long-Term BullishnessFollowing a brief dip last night, Bitcoin staged a strong rebound, breaking through the $60,000 mark around 9 am today and reaching a high of $60,920. As of press time, Bitcoin is trading at $60,815, up 4

French Election, German Government's Crypto Moves Shake Euro and BitcoinMarkets were stunned on Monday as both the euro and bitcoin experienced sharp sell-offs. The decline was fueled by the results of the French parliamentary election and a massive bitcoin transaction by the German government

Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next MoveIntroductionOn April 1, the Bitcoin price surged above the $70,000 resistance zone, indicating a bullish sentiment among traders. However, BTC could consolidate within this range for a period before attempting a push towards $75,000

In the tumultuous waters of financial markets, no trade is born out of thin air. Behind every unilateral surge, there are always precursors, albeit sometimes subtle

Brothers, have you ever thought about the question of Ethereum ETH moving towards the final appearance of EOS step by step?Firstly, it can be very clear that Ethereum ETH will arrive at 100000 yuan (RMB) sooner or later. If you buy it, please hold onto it tightly and don't let go easily

On chain data shows that over 50% of the current Bitcoin supply has been dormant since at least five years ago.Bitcoin supply over 5 years will only continue to growIn a new post on X, analyst James V

The price of Bitcoin is causing doubts among analysts and investors, who believe that Bitcoin has failed to take action, despite maintaining a high level of $30000 despite being bearish at the resistance level of $32000.According to CryptoQuant's online analysis, the largest cryptocurrency has been stuck in a narrow corridor for the past three months

In recent months, under the strong supervision of the West, a large number of bitcoins have flowed to the East.After the SEC filed a lawsuit against Binance and Coinbase, the two largest Cryptocurrency exchange, Bitcoin (BTC) and the broader Cryptocurrency market faced strong selling pressure

Whale Wallet conducted two transactions, transferring a total of 8000ETH.The wallet has been holding ETH since 2015