Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000

The past week has been a rollercoaster ride for the cryptocurrency market, as the value of most large-cap assets took a significant hit over the last seven-day period. Specifically, the Bitcoin price fell beneath $80,000 for the first time since that almost vertical surge in November 2024. As expected, the market downturn has led to… Continue reading Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000

Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down

The on-chain analytics firm Glassnode has revealed where the next Bitcoin support level could be based on different pricing models. Bitcoin Is Currently Retesting 1-Year MVRV Z-Score Mean In a new post on X, the on-chain analytics firm Glassnode has discussed about how BTC has been looking on a couple of pricing models recently. The… Continue reading Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down

Short-Term Bitcoin Holders See 10% Profit – Potential Impact On Price?

The Bitcoin market experienced a modest recovery over the past week following the 15.7% correction in the latter half of December 2024. Amidst this recent price gain, developments from the short-term holders (STH) activity have revealed significant indications for Bitcoin in the coming days. Bitcoin STH MVRV At 1.1 With More Room To Run According… Continue reading Short-Term Bitcoin Holders See 10% Profit – Potential Impact On Price?

Is Bitcoin Bull Run Over? What This Legendary Metric Says

Here’s what the historical trend of the Bitcoin Market Value to Realized Value (MVRV) Ratio suggests regarding whether the current bull run is over or not. Bitcoin MVRV Ratio Could Hint At Where BTC Is In Current Cycle In a new MVRV Ratio refers to a popular on-chain metric that, in short, keeps track of… Continue reading Is Bitcoin Bull Run Over? What This Legendary Metric Says

Bitcoin Officially In Overheated MVRV Zone, Rally End Near?

On-chain data shows Bitcoin has recently surpassed a level of the Market Value to Realized Value (MVRV) Ratio that has historically signaled overheated conditions. Bitcoin Has Surpassed Highest MVRV Deviation Pricing Band In its latest weekly report, the on-chain analytics firm MVRV Ratio. The MVRV Ratio is a popular BTC indicator that keeps track of… Continue reading Bitcoin Officially In Overheated MVRV Zone, Rally End Near?

Bitcoin MVRV Hits Critical Threshold For Profit Taking – What Does This Mean?

Bitcoin recorded another remarkable price performance in the past week, gaining by 19.16% according to data from CoinMarketCap. The crypto market leader established a new all-time high at $93,434 on Wednesday, as odds of achieving a six-figure market price by year’s end are now higher than before.  Amidst the current market euphoria, CryptoQuant analyst Amr… Continue reading Bitcoin MVRV Hits Critical Threshold For Profit Taking – What Does This Mean?

Bitcoin Signal That Led To At Least 70% Surge Has Formed Again

On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover Recently In a new MVRV Ratio” is an indicator that keeps track of the ratio between the Bitcoin market cap… Continue reading Bitcoin Signal That Led To At Least 70% Surge Has Formed Again