Bitcoin's MVRV ratio tests crucial support - Here's why it matters

2024-7-10 22:00

BTC was trading at around $57,000 with a slight gain. Long-term holders were still able to hold at a profit despite the initial scare. Recently, Bitcoin [BTC] experienced a significant dip, The post Bitcoin's MVRV ratio tests crucial support - Here's why it matters appeared first on AMBCrypto.

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bitcoin matters btc ratio mvrv tests support

Источник: ambcrypto.com

bitcoin matters → Результатов: 126


Bitcoin: Why the distinction between Grayscale, MicroStrategy's objectives matters

Most discussions on the subject of Bitcoin's institutional involvement always hint at the common objective of these institutions. These organizations are clubbed together under one idea, that they belThe post Bitcoin: Why the distinction between Grayscale, MicroStrategy's objectives matters appeared first on AMBCrypto.

2021-2-3 22:30


Only 27% of Circulating Bitcoin has Moved in 2020; Why This Matters

Bitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook. New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six weeks. According to one […]

2020-7-1 04:00


Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters

Data shows that nearly 10% of Bitcoin’s total circulating supply is dormant, meaning that it has not been touched for over 10 years This data boosts the narrative regarding Bitcoin’s scarcity, as its actual supply may be far lower than previously thought The heightened scarcity this provides Bitcoin also bolsters the cryptocurrency’s macro outlook, as economic models that rely on the crypto’s scarcity suggest that it will soon see some significant upside Bitcoin’s fixed scarcity […]

2020-5-26 21:00


Bitcoin’s dominance rises to 70%, despite anchoring $100 billion market drop

Bitcoin ain’t down and out yet. With the fourth and final quarter of the year beginning on such a low, perspective matters. During the close of the third quarter of the year, the price of Bitcoin, which had never dipped below $9,000 since June, shaved over 15 percent of its value and closed September at […] The post Bitcoin’s dominance rises to 70%, despite anchoring $100 billion market drop appeared first on AMBCrypto.

2019-10-10 11:30


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