Bitcoin Long-Term MVRV Remains In ‘Opportunity’ Zone: Data
On-chain data shows the 365-day Bitcoin MVRV Ratio has recently been sitting deep inside the negative zone, implying long-term buyers are underwater. Bitcoin MVRV Ratio Suggests 1-Year Holders Still In Pain In a new Market Value to Realized Value (MVRV) Ratio. This indicator keeps track of the ratio between the Market Cap of BTC and…
Nailing The Bitcoin Bottom: This Signal Has Correctly Predicted The Last 3 Cycle Bottoms
A single on-chain indicator has quietly called every major Bitcoin cycle bottom for the past decade, and it is now approaching that important level once again. The setup comes from a monthly Bitcoin chart paired with the NUPL indicator, which tracks whether the average holder is sitting on unrealized profit or loss. In each of…
Citigroup Lowers 12-Month Bitcoin Price Forecast To $112,000, ETH To $3,175—Here’s The Reason
Despite a recent resurgence in prices, Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization, are not expected to achieve new all-time highs this year, according to analysts at Citigroup. The company significantly revised its forecasts for both cryptocurrencies on Tuesday, reflecting concerns about the slow pace of legislative progress in the…
Bitcoin Hits 40-Day High As US-Iran Tensions Trigger $113M In Short Liquidations
A potential US military strike on Iran’s main oil export terminal helped push Bitcoin to its highest price in over a month Monday, as traders poured money into crypto while pulling back from stocks. Squeeze At The Top Reports show Bitcoin jumped from roughly $72,400 to $74,320 in under 30 minutes — a move sharp…
Another Bitcoin Buy Coming? Saylor Sparks Speculation With ‘Orange Dots’ Post
A short message from Michael Saylor has once again stirred speculation that Strategy could be preparing another large Bitcoin purchase. The company’s executive chairman posted a chart on X showing the firm’s Bitcoin accumulation history alongside the phrase “stretch the orange dots.” Market watchers quickly linked the message to the company’s well-known buying pattern, where…
Is Bitcoin Price Bottom In? MVRV Z-Score Says ‘Not Yet’
After another failed attempt at breaking the $74,000 resistance, the Bitcoin price continues to hover around the psychological $70,000 level, with very little — if any — momentum to boast of. Some analysts expect this price level to serve as a rebound point for the flagship cryptocurrency; however, data from a recent on-chain evaluation implies…
Bitcoin Coinbase Premium Turns Positive After 10 Weeks – Is US Demand Finally Returning?
Bitcoin’s recent price action may be showing its first signs of relief as a closely watched indicator tied to US demand has just changed direction. The Coinbase Premium Gap has moved back into positive territory following nearly 10 weeks of persistent negative readings, a stretch that coincided with Bitcoin’s decline from around $95,000 to below…
Bitcoin’s Base Case: What To Expect Before The Run-Up Above $100,000
Crypto pundit Crypto Bully has shared his base case for Bitcoin and what to expect before the flagship crypto rallies above $100,000. This comes as BTC continues to struggle to hold above the $70,000 resistance amid escalating tensions in the Middle East. Analyst Shares Base Case For Bitcoin In an X post, Crypto Bully stated…
Strategy’s Bitcoin Bet Now $3.35 Billion In The Red As Saylor Tells Investors To Wait
Strategy’s stock is trading below the value of its own Bitcoin holdings — an unusual position for a company that has built its entire identity around the cryptocurrency’s rise. A Streak That Keeps Going The Virginia-based firm added 17,994 BTC to its reserves last week, paying roughly $1.28 billion at an average of $70,946 per…
Bitcoin Crash Far From Over? Analyst Shares How Painful Bear Markets Can Get
Bitcoin’s extended pullback from its all-time high has left traders in uncertainty, and many investors are unsure whether the worst of the decline has already passed. One analyst known as Jelle on X is of the notion that the conversation may be missing an uncomfortable reality that Bitcoin bear markets often become far more painful…