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Bitcoin Market Analysis: Key Price Levels And Metrics To Watch

[Aug 23, 2023 1:45 AM] As the Bitcoin market navigates the choppy waters around $26,000, there are several metrics to keep an eye on. After hitting a low of $25,374 yesterday, the bulls have managed to push the price back up, although the market remains in a vulnerable…

Will Bitcoin Show A Repeat Of The March Rebound?

[Aug 22, 2023 2:00 PM] Will Bitcoin observe a repeat of the rebound that took place after the crash back in March? Here’s what this on-chain metric suggests. Bitcoin Short-Term Holder SOPR Is Showing A Pattern Similar To March As an analyst in a CryptoQuant post…

XRP About-Face Sparks Another Descent – What Lies Ahead?

[Aug 22, 2023 3:40 AM] XRP, the cryptocurrency known for its ties to Ripple, has recently faced a bout of volatility in the market. The coin’s value, currently hovering around $0.517 according to CoinGecko, experienced a 1.0% decline in the past 24 hours alone…

Will Bitcoin Retest $20,500 Again? This Pattern May Suggest So

[Aug 21, 2023 12:00 PM] Bitcoin is forming a pattern that has historically led to the asset retesting a specific line. At present, this level would be found at $20,500. Bitcoin Has Dropped Below The 200-Day SMA With The Recent Crash A few days back, Bitcoin observed a…

LUNC Sheds 13% Of Its Value – A Further Retreat In The Offing?

[Aug 17, 2023 7:10 PM] Terra Luna Classic (LUNC) finds itself grappling with a significant setback as its price takes a sharp dive. Within the span of just 24 hours, the coin experienced a 13% decline in value.  The swift sell-off, which began on August 16, triggered a…

Will Bitcoin Volatility Continue? These Metrics Say Yes

[Aug 17, 2023 4:00 PM] Bitcoin has observed some sharp price action today, and if data of these metrics is to go by, the asset may not be done being volatile just yet. Bitcoin’s Open Interest And Leverage Ratio Have Remained High As explained by an analyst in a…

Bitcoin Faces A Weekly Double Top; This Needs To Happen

[Aug 17, 2023 2:00 PM] In a recent analysis of the Bitcoin price, seasoned crypto analyst Rekt Capital discussed the looming presence of a potential double top formation on the weekly chart. The scenario paints a picture of impending volatility, with both bullish and…