List of Flash News about BTC price resistance
Time | Details |
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00:03 |
Bitcoin On-Chain Activity Surges: New Wallets Hit 556,830 and Coin Circulation Peaks as BTC Nears $105K
According to Santiment, Bitcoin's on-chain activity has sharply increased this week, with 556,830 new BTC wallets created on May 29, marking the highest level since December 2, 2023. Additionally, on June 2, 241,360 coins were circulated, the highest since December 8, 2024 (Source: Santiment, June 5, 2025). This rise in both new wallet creation and active coin circulation indicates heightened trader engagement and potential for increased price volatility, making this a critical period for short-term trading strategies. These metrics often correlate with liquidity influxes, which can present both buying and selling opportunities for active traders, especially as BTC price hovers just below the $105K resistance level. |
2025-05-08 13:13 |
Bitcoin Market Recovery: Over 3 Million BTC Move from Underwater to Profit as Price Surpasses $74K - Key Trading Insights
According to glassnode, as the Bitcoin market approached the recent local low of $74,000, more than 5 million BTC were held in an underwater position. However, following the market’s recovery, the number of underwater BTC has decreased to approximately 1.9 million, indicating that over 3 million BTC have returned to a profit state (source: glassnode, May 8, 2025). This large shift in holder profitability signals renewed investor confidence and could lead to increased trading activity and liquidity in the market. Traders should monitor resistance and support levels closely as profit-taking and renewed buying may drive volatility near current price levels. |
2025-05-01 19:32 |
Bitcoin Breakout Analysis: Crypto Rover Highlights Momentum and Key Resistance Levels in 2025
According to Crypto Rover, Bitcoin's current breakout demonstrates sustained upward momentum with technical indicators supporting further price appreciation. In his May 1, 2025 update, Crypto Rover points to strong trading volume and a successful breach of the $64,000 resistance level, which now acts as support. He notes that open interest and spot market inflows continue to rise, suggesting institutional participation remains high (source: Crypto Rover Twitter, May 1, 2025). Traders are closely monitoring the $68,500 target as the next significant resistance, with bullish sentiment prevailing as long as Bitcoin holds above $64,000. |