MVRV Indicator Suggests Bitcoin’s Local Bottom Near $100,000
Bitcoin's fundamental metrics remain robust despite market panic. A key signal comes from the MVRV ratio, currently at its lowest since April (1.8).News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
MVRV Indicator Suggests Bitcoin’s Local Bottom Near $100,000
Bitcoin's fundamental metrics remain robust despite market panic. A key signal comes from the MVRV ratio, currently at its lowest since April (1.8).
CryptoQuant: Losing $101,000 would batter the bull market
The $101,000 level has become pivotal in the bull-bear tussle for bitcoin’s next move, said CryptoOnchain.
‘Extreme fear’: bitcoin slips below the $100,000 psychological mark
Bitcoin fell below $100,000 for the first time since June, dragging the wider market lower.
Traders eye $92,000 as bitcoin’s next target
Bitcoin fell through $104,000 amid capitulation by new buyers. The next target could be $92,000, says crypto analyst Ted Pillows.
CryptoQuant: Bitcoin Investments Surge Despite Profit-Taking
In the past week, the realized capitalization of the leading cryptocurrency rose by $8 billion, reaching $1.1 trillion, according to CryptoQuant's CEO, Ki Young Ju.
Ethereum Price Unmoved by Fed Rate Cut
The price of the second-largest cryptocurrency by market capitalization failed to hold above $4000. The asset has been trading sideways for about two weeks after falling below $3700.
Analysts set out conditions for bitcoin to break above $115,000
Swissblock says bitcoin must hold $114,000 support to extend the rally to new highs.
Glassnode: Bitcoin Rally Hindered by Holder Activity
Analysts at Glassnode observed a reduction in Bitcoin's illiquid supply. Since mid-October, long-term investors have withdrawn about 62,000 BTC from their wallets.
Dissecting the “Black Saturday” Market Meltdown
How auto-deleveraging kicked in, why it matters, and what analysts expect after crypto’s crash.
MVRV Indicator Suggests Bitcoin’s Local Bottom
The MVRV ratio for the leading cryptocurrency fell below the 365-day simple moving average, indicating a local bottom.We use cookies to improve the quality of our service.
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