Bitcoin Drop Below $80,000 May Not Be The Final Capitulation Event, Checkonchain Says

On-chain analytics firm Checkonchain has pointed out how data could suggest that the latest Bitcoin decline is part of a deeper bear market progression, rather than the final capitulation event. Bitcoin Has Broken Below Both True Market Mean & Average ETF Cost Basis In a new post on X, Checkonchain has talked about the recent… Continue reading Bitcoin Drop Below $80,000 May Not Be The Final Capitulation Event, Checkonchain Says

Bitcoin’s New ‘Line In The Sand’ May Be $82,000, Not $56,000: Analyst

An analyst has explained how Bitcoin’s bottom in the current cycle may not follow the same pattern as historical bear markets. Bitcoin Could Bottom Around True Mean Price Instead This Time In a new Realized Price,” keeping track of the cost basis of the average investor on the BTC network. When the BTC spot price… Continue reading Bitcoin’s New ‘Line In The Sand’ May Be $82,000, Not $56,000: Analyst