Bitcoin News
By Evie Vavasseur
1 / 15
Bitcoin Supply in Profit Signals Euphoria Stage. According to a Tuesday analysis by Darkfost, a well-known technical analyst and contributor to…
2 / 15
The Euphoria Phase: What Does It Mean for Bitcoin’s Future?. The euphoria phase can be an exciting yet precarious time for Bitcoin, as it often signals that…
3 / 15
A Correction Could Be Imminent. CryptoQuant’s warning about a potential correction is supported by historical trends.
4 / 15
Bitcoin’s Current Price and Market Outlook. As of now, Bitcoin is trading at approximately $94,893, just under the significant $95,000…
5 / 15
What’s Next for Bitcoin?. Looking ahead, the key question is whether Bitcoin can maintain its momentum and avoid the…
6 / 15
Bitcoin, the world's most prominent cryptocurrency, has seen a significant surge in its supply entering profit, a clear indicator that the market is entering the euphoric stage…
7 / 15
Despite Bitcoin hovering around the $95,000 mark, failing to break through resistance levels since Friday, the recent uptick has put holders in a favorable position.
8 / 15
According to a Tuesday analysis by Darkfost, a well-known technical analyst and contributor to CryptoQuant, a supply profit of over 90% is a telltale sign that Bitcoin has…
9 / 15
In the past, similar profit levels have been observed during periods of intense market excitement.
10 / 15
Darkfost pointed out that Bitcoin’s supply in profit fell to around 75% during previous market corrections, and a drop below that threshold often triggers increased selling, as…
11 / 15
The euphoria phase can be an exciting yet precarious time for Bitcoin, as it often signals that the market is nearing its peak for the current cycle.
12 / 15
The optimism generated during the euphoria phase often leads to new all-time highs, but once the initial excitement begins to fade, a price pullback is common.
13 / 15
While this bullish outlook is certainly enticing, analysts are also urging caution. Historical patterns suggest that Bitcoin’s euphoric market phases have been followed by…
14 / 15
CryptoQuant’s warning about a potential correction is supported by historical trends. The data shows that after the euphoria phase, Bitcoin has typically experienced an extensive…
15 / 15
The uncertainty around how long the euphoria phase will last adds to the complexity of predicting Bitcoin’s price movement.
The Currency Analytics
Want the full story?