Bitcoin flashes a 90 Bull Score, but buyers are pulling back
7 Articles
7 Articles
crypto.news
Cryptocurrency News | Cryptocurrency Prices | Market CapBitcoin flashes a 90 Bull Score, but buyers are pulling back
Bitcoin’s Bull Score has climbed to 90 out of 100 after its latest rally, but weakening spot and futures demand has raised questions over whether BTC has enough buying support to resume its move higher. CryptoQuant’s Bull Score Index has…
●CryptoQuant's latest Weekly Report indicates that Bitcoin is in the early stages of a new bull market, while short-term investors are expanding and taking profits, and spot and futures demand is... The post Is Bitcoin's Bull Market Taking a Break? – Profit-Taking and Slowing Demand as Seen in CryptoQuant's Latest Report [Xwin] first appeared on NADA NEWS.
Bitcoin’s $87,000 rally just flipped from short squeeze to long risk
Bitcoin’s newly confirmed bull market is already showing signs that the rally powering it may be losing momentum. Last week, the top digital asset climbed to an eight-month high near $87,400 after reclaiming a long-term technical threshold that CryptoQuant says marked the start of a fresh bullish phase. Its Bitcoin Bull Score Index has since […]
The Bitcoin rally begins to show signs of exhaustion even though CryptoQuant’s Bull Score indicator stands at 90 out of 100, close to its peak level. CryptoQuant’s cryptocurrencies fell from a maximum of eight months close to $87,400 to about $83,300, while several on-chain indicators show a loss of strength in demand. The main focus of attention is on the difference between the strength of the trend and buyer behavior. While CryptoQuant’s indic…
📈 CryptoQuant's Bitcoin Bull Score indicator rose to 90 out of 100 after surpassing the 365-day average. 📉 Spot demand has decreased by approximately $170,000 BTC in the last 30 days, while demand in futures has dropped by 90% in 15 days. 🔍 CryptoQuant Research Head Moreno stated that it will be difficult to sustain the rally without new demand. 💰 Net inflows of $66.2 million were recorded into US spot Bitcoin ETFs on September 29th; IBIT le…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
