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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 Glassnode has discussed about how Bitcoin is looking right now from the perspective of a pricing model based on the MVRV Ratio. дальше »

2024-11-22 16:30


Is This a Good Time to Buy Bitcoin (BTC) Dip? Watch FTM, SOL, DOGE, and These Altcoins for Strong Recoveries

VirtualBacon shared insights regarding the current situation of Bitcoin (BTC), noting that while the cryptocurrency is experiencing a sharp correction, there is no reason to panic. The key point raised is that Bitcoin remains above the critical Bull Market Support Band, which lies between $61K and $62. дальше »

2024-10-3 12:45