On-Chain Metrics Reveal The Most Critical Resistance For Bitcoin – Can BTC Br...

On-Chain Metrics Reveal The Most Critical Resistance For Bitcoin – Can BTC Br...

Bitcoin continues to trade within a tight range, holding above the $94K level while struggling to break past the $100K mark. The long-term outlook remains bullish as BTC maintains key demand levels, but short-term price action remains uncertain. Investors and analysts are closely watching for a breakout, with speculation rising that this period of consolidation is the calm before the storm. Related Reading: Ethereum Holds Multi-Year Bullish Structure – Time For A Comeback? While bulls have defended crucial support levels, they have been unable to push BTC above key resistance, leading to....


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Bitcoin On-Chain Metrics Bleed As Price Continues To Climb

Bitcoin remains on an upward trend after breaking through $40,000 once again. However, this upward trend has not translated onto on-chain metrics. While the price of the digital asset continues to sit in the green, on-chain metrics have plummeted paining an entirely different picture in relation to price. From miner revenues to transaction fees, the […]

Ethereum’s On-Chain Metrics Continue to Plunge Despite 20% Bounce

Ethereum has undergone a strong bounce since the lows seen in September. As of this article’s writing, the coin trades for $372, around 20% above those lows. The cryptocurrency is about the set a weekly close above the $365-370 resistance. Despite this strong bounce in the price of Ethereum, on-chain metrics show that the blockchain is currently weakening. Fortunately, the leading cryptocurrency has positive fundamental and technical trends that may result in growth in the […]

What October’s Metrics Tell Us About BTC, ETH and Volatility

CoinDesk Research's Monthly Review for October focuses on Bitcoin and Ethereum plus some of the stories their on-chain metrics are telling us.

Bitcoin On-Chain Metrics Crash To Bear Market Levels Despite Price Sitting Cl...

Bitcoin’s price action is still above the $100,000 threshold and within striking distance of its all-time high at $111,700, but its on-chain activity tells a completely different story. According to the latest report from on-chain analytics firm Glassnode, even though Bitcoin’s price is pushing to new heights, underlying blockchain metrics have slipped into territories more […]