![Decoding key reasons behind Bitcoin's [BTC] January price rally](https://ambcrypto.com/wp-content/uploads/2023/01/kanchanara-rhm7H8X5J98-unsplash-400x240.jpg)
![Decoding key reasons behind Bitcoin's [BTC] January price rally](https://ambcrypto.com/wp-content/uploads/2023/01/kanchanara-rhm7H8X5J98-unsplash-80x80.jpg)
Identical BTC transactions on 5 January might have kickstarted the current rally. BTC flirts with the $23,000 region as it attempts to form a new support...
Tesla has not sold any Bitcoins in the fourth quarter of 2022 The e-car manufacturer’s digital assets value has seen a significant drop compared to Q3...
![Bitcoin [BTC]: Recent price jump has put holders in profit, new report shows](https://ambcrypto.com/wp-content/uploads/2023/01/1674479364229-185abaee-5498-4375-bb7d-5eaf1a437138-3072-400x240.jpg)
![Bitcoin [BTC]: Recent price jump has put holders in profit, new report shows](https://ambcrypto.com/wp-content/uploads/2023/01/1674479364229-185abaee-5498-4375-bb7d-5eaf1a437138-3072-80x80.jpg)
At press time, BTC was trading at a price level last seen in August 2022. The rally in price since the beginning of the year has...
Retail investors’ interest in Bitcoin increased. Increase in profitability and potential for increased selling pressure for BTC. Since the Terra Luna [LUNC] collapse, the number of...
BTC’s MVRV rests above 1, indicating that the market might have entered a bullish mid-term stage. Open Interest has been on a steady increase since the...
Bitcoin hashrate is at an all-time high, and competition for block rewards is fierce. Miners’ revenue has declined, and the selling pressure may increase anytime soon....
RPV ratio suggests a decrease in enthusiasm for the Bitcoin bull run. Trader sentiment remains positive and volume, velocity, and exchange reserves all show market strength....
Low demand for leverage gives insights into the current Bitcoin investor psychology. BTC enjoys demand in the derivatives market courtesy of a strong recovery in open...
Addresses holding 1,000-10,000 BTC have been stepping up in the accumulation. BTC price hit over $22,000, the first time in four months. Several important indicators show...
Genesis’ bankruptcy filing revived concerns of a potential Bitcoin selloff. However, bulls charged through the FUD and passed the $22,000 price level. Genesis reportedly filed for Chapter...