While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish.
Investors’ on-chain activity hints at Bitcoin price cycle top above $166,000
The Bitcoin cycle top would likely come in at price levels above $166,000 per coin if history repeats.
$5,000 Ethereum by the end of May? On-chain data suggests so
The current speculative trend and Ethereum’s price premium suggest that the altcoin’s price could more than double over the next 7 weeks.
Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining
Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly.
5 key reasons why Bitcoin will likely see new all-time highs soon
On-chain data suggests Bitcoin price will likely breakout to a new all-time-high soon, as whales, miners and long-term hodlers turn bullish again.