Tags: Bitcoin (BTC)

Current weakness in mid- and small-cap tokens versus Bitcoin points to an undeveloped altseason stage with substantial growth opportunities still ahead.

Here’s what happened in July through Binance’s eyes.

CryptoQuant’s DCA recommends buying BTC when its price falls below the one-week to one-month realized price, which is $117,000 currently.

Almost 115,000 traders were liquidated after the market capitalization of the crypto sector soared to just under $4 trillion.

Bitcoin hits $116K after 120K BTC were bought near $112K while long-term holders realized $44M in profits.

Bitcoin may revisit $105K, where metrics like short-term holder cost basis and UTxO walls indicate heavy exposure and potential stress.

Oversold conditions and seller exhaustion signal a potential bounce, but growing fragility may give room for negative triggers.

The leading asset experienced several consecutive red days, and its price remains shaky.

The market’s current condition suggests that speculative appetite is declining across sectors, with cautious sentiment and elevated leverage.

BTC dipped below $113,500.

Ethereum extended its winning streak to 15 weeks with $133 million in inflows, even as Bitcoin flows turned negative.

Historical on-chain data shows that Bitcoin often sees a significant price decline in August.

Following a decline in June, Bitcoin’s mining difficulty has bounced back which pointed to a resurgence in miner activity even amid rising competition.

The long-standing narrative has been questioned recently.

MiCA implementation, SEC guidance, and Fed policy will potentially serve as key drivers for Bitcoin’s year-end price movement.

Bitcoin continues to freefall, pushing liquidations closer to $1 billion.

While short-term BTC holders appear to sell, whale investors withdraw Ethereum.

Friday has rolled around again, and the first of the month means another batch of Bitcoin and Ethereum options contracts are expiring as spot markets melt down.

Altcoins are seeing heavy trading, with their futures volume spiking to multi-month highs, while BTC lags with a declining market dominance.

Bitcoin OGs appear to be selling out, and institutions are buying up their coins in what analysts have termed a huge capital rotation.

CryptoQuant flags a brief cool-down in the market where Bitcoin corrections are likely to be softer than past downturns.

Glassnode warned of a thin liquidity zone below $115K, which could trigger a retracement if Bitcoin dips.

Market participants are not selling BTC to buy ETH, but injecting fresh capital into their portfolios.

Bitcoin sees rising pressure as long-term holders dump 52K BTC at $118K peak, signaling a shift from accumulation to distribution.