Bitcoin News
By Dan Saada
1 / 15
Bitcoin Pulls Back From Record High. On Thursday, August 14, Bitcoin surged to an unprecedented peak of $124,000, cementing its…
2 / 15
Binance Netflows Turn Positive. A key signal driving concern comes from data on Bitcoin netflows — a measure of how much Bitcoin…
3 / 15
Exchange Reserves Point to Selling. The exchange reserves metric, another critical on-chain indicator, reinforces the bearish outlook.
4 / 15
Perpetual-Spot Price Gap Reveals Aggressive Buyers. Another factor identified by analysts is the Perpetual-Spot Price Gap, which highlights…
5 / 15
Binance’s Influence on Market Sentiment. The importance of Binance in this dynamic cannot be overstated.
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What to Expect in the Next Two Weeks. Despite the short-term concerns, analysts emphasize that Bitcoin’s broader bullish trend remains…
7 / 15
Long-Term Perspective. For long-term investors, short-term volatility is not unusual in Bitcoin markets.
8 / 15
Final Thoughts. Bitcoin’s retreat from its record high underscores the ongoing tug-of-war between bulls and…
9 / 15
Bitcoin’s price rally came to a sudden halt after setting a new all-time high last week, and fresh on-chain data now points to the possibility of continued selling pressure in…
10 / 15
On Thursday, August 14, Bitcoin surged to an unprecedented peak of $124,000, cementing its position as the world’s most valuable digital asset.
11 / 15
Over the weekend, Bitcoin remained largely flat, consolidating near the $118,000 mark and showing little sign of regaining its bullish momentum.
12 / 15
According to a CryptoQuant Quicktake post from on-chain analyst BorisVest, netflows on Binance have turned positive while outflows are slowing down.
13 / 15
The rising deposits into Binance hint that some investors are preparing to sell, which could explain why Bitcoin failed to sustain momentum after hitting its record high.
14 / 15
The exchange reserves metric, another critical on-chain indicator, reinforces the bearish outlook. This metric tracks the total amount of Bitcoin held on exchanges at a given time.
15 / 15
Data shows that reserves on Binance climbed during Bitcoin’s run-up to $124,000. According to BorisVest, this indicates that traders moved coins into the exchange to capture…
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