Bitcoin Short-Term Upper Bound Is $117,000, Glassnode Says

The on-chain analytics firm Glassnode has revealed Bitcoin has recently been trading within a short-term band that has its upper level currently located at $117,000. Bitcoin Is Trading Between These Two Short-Term Holder Price Bands In a new short-term holders (STHs), investors who purchased their coins within the past 155 days. The indicator related to… Continue reading Bitcoin Short-Term Upper Bound Is $117,000, Glassnode Says

Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says

An analyst has explained how Bitcoin could face significant waves of selling pressure from the short-term holders around these price levels. Bitcoin Short-Term Holder MVRV Could Flag These Levels As Important In a new post on X, CryptoQuant author Axel Adler Jr has talked about the trend in the Market Value to Realized Value (MVRV)… Continue reading Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says

Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000

On-chain data shows the Bitcoin price has reclaimed the cost basis of the short-term holders, a level that has historically been psychologically important. Bitcoin Is Now Back Above The Short-Term Holder Realized Price In a new Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of the average… Continue reading Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000

Bitcoin Faces Critical Resistance At $91,000 As Short-Term Holders Hover At Break-Even

Bitcoin prices gained by only 0.95% in the past week amidst an intense market consolidation. The premier cryptocurrency is struggling to break out of the $85,000-$86,000 price range following an impressive price rally in the second week of April. However, popular crypto analyst Ali Martinez has identified the major price resistance for the current Bitcoin… Continue reading Bitcoin Faces Critical Resistance At $91,000 As Short-Term Holders Hover At Break-Even

Bitcoin Once Again Arrives At This Bear-Bull Boundary—Will A Break Happen?

On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the BTC Spent Output… Continue reading Bitcoin Once Again Arrives At This Bear-Bull Boundary—Will A Break Happen?

Bitcoin Indicator Signals Short-Term Holders Have Been Taking Profits – Is The Next Rally Near?

Bitcoin is trading below the $100K mark after enduring a volatile and turbulent week. The cryptocurrency faced extreme selling pressure last Sunday, dropping over 9% in less than 24 hours. Although Bitcoin managed a slight recovery on Monday, the selling pressure has persisted, leaving the market in a state of uncertainty. Key metrics shared by… Continue reading Bitcoin Indicator Signals Short-Term Holders Have Been Taking Profits – Is The Next Rally Near?

Bitcoin Support Sits At $90,6K Short-Term Holder Realized Price – Expert Reveals Key Resistance Level

Bitcoin has been struggling to reclaim the $100K mark, facing intense volatility and selling pressure since the weekend. The market remains uncertain as bulls attempt to defend key support levels while bears push for a deeper correction. Despite this, Bitcoin continues to show resilience, holding above crucial price zones that could determine the next big… Continue reading Bitcoin Support Sits At $90,6K Short-Term Holder Realized Price – Expert Reveals Key Resistance Level

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?

Bitcoin Decline Continues: Is $86,800 The Level To Watch?

On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one to watch. Bitcoin Is Still At A Notable Gap From Short-Term Holder Cost Basis In a new Market Value to Realized Value (MVRV) Ratio,” which keeps track of the ratio between BTC’s Market Cap and… Continue reading Bitcoin Decline Continues: Is $86,800 The Level To Watch?

Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?

Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish momentum, the market has now cooled, and BTC is consolidating just below the crucial $70,000 level. This key threshold is seen as a trigger for intensified buying pressure if… Continue reading Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?