Bitcoin Price In Trouble As Sell-Side Momentum Spikes — $92,000 Next?
The Bitcoin price has ostensibly continued down in its bearish direction, which started in the second week of October. After slipping beneath the psychological $100,000 support, worries have surfaced among Bitcoin market participants regarding the broader market structure. Interestingly, the latest on-chain evaluation justifies this worry, as the downside bias for the Bitcoin price seems to be on the rise. Binance Taker Imbalance Falls Into Negative Territory In a Quicktake post on the CryptoQuant platform, on-chain research firm Arab Chain revealed an increase in sell-side momentum for....
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On-chain data shows both the Bitcoin taker buy and taker sell volumes registered large spikes over the past day as the price goes through volatility. Bitcoin Taker Buy And Taker Sell Volumes Have Surged Up To High Values As pointed out by an analyst in a CryptoQuant post, both the BTC taker buy and taker sell volumes hit more than $1.8 billion yesterday. The “taker buy/sell volume” is an indicator that measures the Bitcoin long and short volumes on derivatives exchanges. The metric distinguishes between these two volumes based on whether the transaction occurs at the ask price....
Ether, the native cryptocurrency of Ethereum, rose to $1,161 but immediately corrected thereafter. The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain, achieved $1,161 for the first time since January 2018. Immediately after it hit a new three-year high, ETH corrected to below $900.Ether rallied due to the momentum of Bitcoin. Historically, following a strong BTC rally, altcoins saw a swift uptrend. Traders usually call this “altseason” because many altcoins tend to increase in tandem.Why did Ether correct and what happens next?Ether rose following Bitcoin’s....
The price of Bitcoin has not shown any serious momentum so far in 2025 besides briefly surpassing the $108,000 level in mid-January. On the contrary, the flagship cryptocurrency has suffered some significant corrections over the past few weeks. The most recent pullback saw the BTC price heavily slump toward $92,000 after US President Donald Trump introduced new trade tariffs on Canada, Mexico, and China earlier this week. While the Bitcoin price quickly recovered above $100,000, it has since struggled to sustain any bullish momentum — currently trading around $96,500. HTX And BitMEX Users....
Blockchains have attracted significant interest in the financial sector, a rare occurrence for a new technology in an industry not known for being at the forefront of technological innovation. However, dig a little deeper into where the interest is coming from, and you’ll see a host of sell-side financial institutions and back-office groups working on prototypes. Most of the R3 consortium members, for example, are sell-side banks. Notably absent is the buy-side, made up of pension funds, mutual funds, hedge funds, private equity and other money management firms. The buy-side has different....
Here's a look at what we are focusing on in the bitcoin price this morning. So, we’re half way through the week, and things are hotting up in the bitcoin price from an intraday perspective. After what was a pretty slow day yesterday, we saw a little bit of up and down overnight and then this morning, just as European markets kicked off for the day, we got a spike in price and some fresh intra-weekly highs produced. Spikes like this are great because they not only serve as an opportunity to get into the market on the breakouts they represent, but they also give us some pretty solid levels....