Bitcoin Boom Imminent? Institutional and Derivatives Data Hint at Hidden Bullish Momentum
Bitcoin (BTC) climbed above $126,000 for the first time ever on Tuesday. But what followed was a quick retreat of around 4% shortly thereafter. Despite the short-term pullback, the broader trend shows a historic lull in activity.
The asset’s long-term volatility has dropped to record lows, which means that Bitcoin is entering one of its calmest phases yet. Such a pattern has often preceded major price movements in the past.
Read More
Bitcoin STH Whale Profits Hit $10.1 Billion, Highest For The Cycle
Hyperscale Data Reduces Debt by $30 Million for Expansion
Bitcoin Boom Imminent? Institutional and Derivatives Data Hint at Hidden Bullish Momentum
Bitcoin (BTC) climbed above $126,000 for the first time ever on Tuesday. But what followed was a quick retreat of around 4% shortly thereafter. Despite the short-term pullback, the broader trend shows a historic lull in activity.
The asset’s long-term volatility has dropped to record lows, which means that Bitcoin is entering one of its calmest phases yet. Such a pattern has often preceded major price movements in the past.
Read More
Bitcoin STH Whale Profits Hit $10.1 Billion, Highest For The Cycle