Browsing: on-chain data analysis

In the volatile landscape of cryptocurrency, the Bitcoin liquidity signal stands out as a crucial indicator of market conditions, offering insights into potential price trajectories.As Bitcoin approaches the Federal Reserve’s impending policy decisions, its price movement has shown signs of underlying strain despite appearing relatively stable.

The current bearish divergence in BTC is raising concerns among investors and analysts alike, as it mirrors the unsettling patterns observed during the 2021-2022 period.Despite the recent uptick in Bitcoin prices, on-chain data analysis indicates a troubling trend: the inflow of funds into BTC is on a steady decline, leading to lower peaks in price action.

Bitcoin price analysis reveals a significant surge in the cryptocurrency market, raising both excitement and caution among investors.The recent spike has brought Bitcoin close to critical psychological levels, prompting discussions around sustained bullish trends and its implications for future price movements.