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Crypto News Aggregator by EXCAVO
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$BTC
Investment bank H.C. Wainwright says
Bitcoin
may go to $225,000 this year because of regulatory clarity and institutional adoption.
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📊👀 $BTC kicked off the year strong, reclaiming the $100,000 mark in the first week. Approximately 380k addresses are still at a loss, representing less than 1% of all Bitcoin holders. Bitcoin sits well above an important support zone between $95,400 and $98,400, where 1.77 million addresses bought over 1.53 million BTC. However, there isn't significant resistance ahead, only a minimal supply wall of 107,000 BTC between $104,700 and $105,770.
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📈🤔 $BTC #MichaelSaylor has published Bitcoin Tracker once again, hinting that he will increase his Bitcoin holdings.
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📉👀 $BTC dominance continues to decline and against this backdrop, altcoins are showing significant growth.
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📊👀 Over 48,000 $BTC have been pulled from exchanges in the past week, valued at over $4.5 billion.
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📊👀 Short-Term Holder (STH) Ratio for $BTC The current STH ratio is 1.1, meaning short-term holders are, on average, seeing a 10% unrealized profit. The STH ratio is important as it provides insights into the unrealized profit or loss of recent market participants, who tend to have a more speculative approach.
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