Bitcoin’s Path to $120K Faces Mounting Sell Pressure, Glassnode Report Warns – Markets and Prices Bitcoin News

On-Chain Data Signals Volatility Ahead at $120K - Invest In Crypto News

Bitcoin (BTC) has entered a new phase of the bull cycle, hitting an all-time high (ATH) north of $111,000 on May 22, which was fueled by increased investor confidence, record spot BTC exchange-traded fund (ETF) inflows, and heightened derivatives activity. However, as on-chain indicators flash signs of euphoric sentiment, analysts are warning that volatility could be around the corner, especially with the $120,000 level emerging as an important …

2 reasons why Bitcoin’s rally might be on borrowed time!

Bitcoin faces volatility as record-high options OI with macro uncertainty, set the stage for a potential $100K retest.

Bitcoin’s Rally Faces Test: New Investors Hold Key

Bitcoin’s recent price action has been nothing short of spectacular, with the cryptocurrency touching a new all-time high above $111,000. However, the market’s focus has shifted from price to on-chain dynamics, particularly the behavior of new and long-term holders. This shift is crucial, as it provides insights into the sustainability of Bitcoin’s rally and the potential for further upside. Source

Expectations Shift as Cryptocurrency Market Faces New Challe

Bitcoin’s volatility causes investor unease amid economic uncertainty. Ethereum shows resilience, defying Bitcoin's downward trend. Continue Reading:Expectations Shift as Cryptocurrency Market Faces New Challenges The post Expectations Shift as Cryptocurrency Market Faces New Challenges appeared fir...

Bitcoin’s Path to $120K Faces Mounting Sell Pressure, Glassnode Report Warns – Markets and Prices Bitcoin News

Bitcoin surged to a record all-time high this week, marking its third all-time high (ATH) this cycle and igniting broad market activity. Glassnode Data Shows Bitcoin Profit-Taking Surge Amid Record Highs According to Glassnode researchers Cryptovizart and Ukuria OC, this breakout signals accelerating investor engagement across exchanges, derivatives, and exchange-traded funds (ETFs), though the $120,000 […]