Bitcoin Bull-Bear Structure Index Turns Positive for the First Time Since Oct...
Bitcoin is holding firm above the $113,000 level as bulls attempt to regain control, though market indecision continues to dominate price action. With the Federal Reserve set to announce its next interest rate decision on Wednesday, traders and investors are closely watching for signs of a potential rate cut — a move that could inject […]
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Data shows the Bitcoin Coinbase Premium Index has turned positive again, a sign that demand for buying BTC is back from the American investors. Bitcoin Makes Recovery As Coinbase Premium Index Turns Green As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Coinbase Premium Index has surged into the positive territory […]
CryptoQuant’s Bitcoin Bull Score Index has jumped from 20 to 50 in just four days, suggesting a swift shift out of bearish territory for the asset. Bitcoin Bull Score Index Is Back In Neutral Region In a new post on X, CryptoQuant head of research Julio Moreno has talked about the latest trend in the analytics firm’s Bull Score Index. This indicator basically tells us about which phase of the market Bitcoin is in right now. The index combines the data of several key on-chain metrics to determine its value. Some of these indicators include the Market Value to Realized Cap (MVRV)....
CryptoQuant’s Bitcoin Bull Score Index has dropped to a value of 20, hinting that a potential bearish transition could have occurred for the asset. Bitcoin Bull Score Index Is Now In “Extra Bearish” Territory In a new post on X, CryptoQuant community analyst Maartunn has shared how the analytics firm’s “Bull Score Index” has changed for Bitcoin after its recent price drawdown. The Bull Score Index is an indicator that tells us about the market phase the cryptocurrency is currently going through. It determines this by referring to a bunch of key on-chain....
Let me start by making a sweeping statement that is generally found to be true. 'Bulls have a positive outlook, they believe things will get better. Bears have a negative outlook, they believe things will get worse. Bulls and Bears, however, do have one thing in common, that is, that they both hate uncertainty. In order to explain why Bitcoiners should fear bears I intend to use simplistic examples, bear with me... get it?...bear... ah, forget it. Let us assume for a moment that a particular company, ACME inc., has decided to float one million ordinary shares at $1 each. Now, our investor,....
Bitcoin price recently broke past $50,000 as the entire crypto market experienced a surge. Investor sentiment has been greatly skewed into the positive with this break of the $50K resistance point, increasing the buy pressures all around the market. There are various tools used to measure how investors are currently feeling towards a particular asset. In this case, the Fear & Greed Index helps to measure the general sentiments around the top coins in the crypto market. The week has started on a high note with the Fear & Greed Index index at a score of 79 today. Putting sentiments around....