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.<
On-chain data shows a Bitcoin ratio has found rejection at a historical level, a sign that the asset’s downtrend may continue.
On-chain data shows a massive amount of Bitcoin dormant since between 5 and 7 years ago has observed some movement during the past day.
An on-chain indicator from CryptoQuant is currently forming a pattern that could suggest a bearish turn might take place for Bitcoin.
The head of research at CryptoQuant has explained that Bitcoin on-chain data already showed signs of overheating a while before the crash.
An analyst has revealed a pattern in a Bitcoin indicator that may have signaled the cryptocurrency’s recent decline in advance.
On-chain data shows a Bitcoin indicator has been forming a bearish divergence for a while now, a sign that the top may be close for the asset.
On-chain data shows the Bitcoin whale exchange inflow activity has been increasing recently, a sign that may not be positive for the price.
On-chain data shows that Bitcoin miners have turned to selling recently, a sign that the asset’s price could be bearish.
Bitcoin has dropped to $27,500 today as on-chain data shows Kraken’s cryptocurrency exchange has received its largest deposit since 2018.
