Bitcoin Transfer Volume Remains Significantly Lower Than 2021 Bull Run Levels
July 4 (Cointime) - According to Glassnode, Bitcoin transfer volume has increased to $4.56 billion recently, but is still significantly lower than the 2021 all-time high. The entity-adjusted transfer volume has been going up recently, which is a positive sign for the sustainability of the current rally. However, the current transfer volume is still 65% lower than the norm during the 2021 bull market. Bitcoin is currently trading around $30,600, up 1% in the last week.
Bitcoin Bulls Prepare for Potential Seasonal Surge as Matrixport Predicts Rally to $35,000
June 28 (Cointime) - Bitcoin is currently hovering above $30,000 after a recent dip from its 12-month high of over $31,000. Investors are anticipating a seasonal surge in Bitcoin price, as the cryptocurrency has historically performed well in July. Matrixport predicts a rally to $35,000, but warns of a possible pullback to $30,000 before the next spike.
Bitcoin Fear & Greed Index Signals Positive Investor Sentiment as BTC Maintains Momentum
June 23 (Cointime) - Bitcoin has been experiencing a rally for the past three days and shows no signs of slowing down. Despite predictions of a downward correction after surpassing the $30,000 resistance, current levels and investor sentiment suggest that the digital asset still has room to grow.
Top Analyst Expects Bitcoin to Surpass $31,000 High Following BlackRock's ETF Filing
June 23 (Cointime) - According to DonAlt, an analyst who accurately predicted the crypto bottom in November 2022, Bitcoin is likely to break out of its "indecision zone" and surpass its high of $31,000 this year.
Trader Tone Vays Warns Bitcoin (BTC) Still in Bearish Posture Despite Last Week’s Surge – Here’s His Forecast
June 19 (Cointime) - According to veteran crypto trader Tone Vays, Bitcoin is still in a bearish posture despite its recent bounce. Vays believes that the rally is not enough to initiate a new uptrend for BTC, as it looks bearish after retesting a key moving average on the daily chart as resistance.