Bitcoin’s recent rollercoaster ride has left investors clutching their wallets like a toddler holding their last biscuit. But fear not-two on-chain metrics are here to whisper, “Actually, we’re fine.” 🤯
According to a CryptoQuant post by XWIN Research Japan, Bitcoin’s Delta Cap-a fancy term for “the floor is *literally* here”-is rising like a well-caffeinated barista. This long-term valuation model has been BTC’s emotional support floor since 2018, and right now, it’s chilling at $739.4 billion. Yes, BTC is currently trading below it, but if it sneezes its way to $120k, it’ll be back on the top bunk of the Delta Cap bunk bed. 💪
Meanwhile, the Coinbase Premium Gap is throwing a party. At +11.6, this metric screams, “US institutions are buying BTC so hard, they’re paying a premium just to feel special.” Think of it as crypto’s version of Tinder-except instead of swiping right, you’re swiping cash. 🚀
So, what’s the takeaway? Bitcoin’s consolidating above $100k while institutions flex their crypto muscles. Corrections? Just the market’s way of saying, “Let’s get ready to rumble.” 💰
But wait! Not everyone’s wearing rainbows and glitter. If BTC slips below $105k, it might go on a joyride to $90k. And if it breaks through $104k? Prepare for a psychological freefall into the $100k abyss. 🚨
Still, Binance’s illiquid supply is plotting a comeback. At $109,289, BTC’s up 0.9% in 24 hours. Will it break the all-time high? Or will it crash like a poorly timed meme coin launch? Only time-and maybe a few panic-inducing tweets-will tell. 💸
Read More
- Best Controller Settings for ARC Raiders
- DCU Nightwing Contender Addresses Casting Rumors & Reveals His Other Dream DC Role [Exclusive]
- Stephen Colbert Jokes This Could Be Next Job After Late Show Canceled
- 7 Home Alone Moments That Still Make No Sense (And #2 Is a Plot Hole)
- Ashes of Creation Rogue Guide for Beginners
- 10 X-Men Batman Could Beat (Ranked By How Hard It’d Be)
- Gold Rate Forecast
- Gigi Hadid, Bradley Cooper Share Their Confidence Tips in Rare Video
- Another Nioh 3 Demo Is On Its Way to PS5, Out 29th January
- Alien films ranked: Which is the best entry in the iconic sci-fi franchise?
2025-09-02 04:00