XRP futures OI rises 25% as price chart ‘bull flag’ targets $14
Key takeaways: XRP price has gained 4% over the last 24 hours to $2.43, and its open interest has risen by 25%. Positive spot market activity flips the futures funding rate positive, suggesting a return of investor optimism. XRP could rally to $14 if a classic bull flag pattern is confirmed. XRP printed a “bull […]
Why is the crypto market up today?
Key points: The crypto market is up 2.5% on May 22, with its capitalization above $3.48 trillion for the first time since February. Bitcoin’s new all-time high of $111,888 is boosting investor confidence across the crypto market. The cryptocurrency market is up today, with the total market capitalization rising by approximately 2.5% in the last […]
Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet
Key takeaways: Bitcoin’s $109,458 all-time high aligns with seven consecutive green weekly candles since April, highlighting the strength of the current bullish momentum. Analysts expect BTC to reach between $135,000 to $320,000 in 2025. BTC heatmaps show high-leverage zones that may trigger liquidations. Thus, risk management remains crucial. Bitcoin (BTC) hit a new all-time high […]
Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?
Key takeaways: Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow. US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000. Bitcoin (BTC) was unable to sustain its bullish momentum after reaching a new all-time high of $109,827 on May 21, which led traders to […]
Is Bitcoin price close to a cycle top? — 5 indicators that help traders decide
Key takeaways: Bitcoin market cycle tops are notoriously hard to time, but combining technical and behavioral indicators can offer strong signals. The MVRV-Z Score, Pi Cycle Top indicator, trade volume trends, Puell Multiple, and exchange inflows accurately predict Bitcoin price cycle tops. Bitcoin (BTC) might be approaching the final stage of its current market cycle […]
Bitcoin enters ‘acceleration phase’ resembling BTC price gains seen after Trump election victory
Key takeaways: The Bitcoin Quantile Model shows “heat” with price on the verge of an “acceleration phase,” echoing Q4 2024 when BTC embarked on a 45% post-election rally. Bitcoin (BTC) price has formed a new intraday high on each daily candle this week, with the crypto asset slowly grinding toward a new all-time high. In […]
Ethereum holders back in profit as ETH price enters 'crucial area' for $3K breakout
Key points: Ethereum holders are back in profit, increasing chances for a rally to $3,000 and beyond. Ether sell pressure risk exists at $2,800, where 2.27 million ETH could be sold. Ether’s recent surge to $2,700 on May 14 pushed its value above its realized price, implying that the average holder of ETH is “now […]
How high can Bitcoin price go?
Key takeaways: Bitcoin gained 14% since May 5, breaking $108,000 for the first time since January. Targets of $140,000 and even $200,000 are increasingly discussed for 2025. Bitcoin (BTC) price has climbed by more than 14% since May 5, rallying to $107,000 on May 21. Data from Cointelegraph Markets Pro and TradingView shows that the […]
Bitcoin open interest hits record high as bulls stampede toward new BTC price highs
Key takeaways: Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors. $1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds. The aggregate open interest in Bitcoin (BTC) futures surged to a record high on May 20, raising questions about […]
Ethereum price gained 90% the last time this indicator turned bullish
Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ether (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to […]
Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins
Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs. Bitcoin (BTC) is 11 days from potentially […]
Why is Ethereum (ETH) price up today?
Key takeaways: Ether’s price rose over 5% to $2,520 on May 20, mirroring similar upward moves across the wider cryptocurrency market. Ethereum’s record open interest, rising funding rates and a significant short squeeze fuel the rally. A classic recovery pattern suggests a potential 92% rally toward $4,800 as ETH holds key support. Ether (ETH) price […]