Search results for quarterly chart
Crypto
Was $57,700 the bottom for bitcoin? Quarterly chart shows rebound signal
An analysis says bitcoin may already have formed a macro low for the current four-year cycle at $57,735, set on July 1. On a quarterly Bollinger Bands chart, bitcoin tested a long-term key support level and then rebounded, with buying seen near the three-month midline at $57,431. Bitcoin later rose to $64,174 on Aug. 11, about 11 percent above the low. The analysis cautioned that the third-quarter candle is not complete until Sept. 30.
Crypto
Bitcoin long-term holder selling plunges; halving cycle points to September bottom
Selling pressure from bitcoin holders who have kept their coins for 5 years or more has fallen to its lowest level in 19 months, while indicators point to a possible market bottom around September. CryptoQuant data showed a 90-day average of 962 BTC spent by this cohort, the lowest since November 2024. Analysts said pressure is instead concentrated among newer investors, with aNUPL falling to -0.14, while some traders flagged remaining downside liquidity.
Crypto
Bitcoin bottom call resurfaces as whales and retail investors step up accumulation
Bitcoin posted its lowest-ever relative strength index readings on daily and two-week measures, while accumulation by whales and retail investors continued, the report said. Some analysts viewed the signal as a long-term buying opportunity but left open the possibility of a drop below $60,000. On-chain data showed wallets holding 1,000 to 10,000 bitcoin added the most, while holdings above 10,000 declined. Fair value gap and CVDD metrics pointed to potential support zones.