1 / 1 Relevant items tagged with #BitcoinSupport

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Bitcoin MVRV Ratio At Make-Or-Break Test: Will Support Hold?

[Jul 8 10:00 PM] On-chain data shows that the Bitcoin Market Value to Realized Value (MVRV) ratio is doing a retest that has historically been significant for BTC. Bitcoin MVRV Ratio Is Retesting Its 365-Day SMA Right Now As explained by an analyst in a CryptoQuant…

Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact?

[Apr 16 9:00 AM] On-chain data shows the next major Bitcoin demand zone is around $56,000, a level BTC might end up revisiting if the decline continues. Bitcoin Has Next Major On-Chain Support Around $56,000 According to data from the market intelligence platform…

Bitcoin Safe From Drops Under $60,300? On-Chain Data Says So

[Mar 1 10:00 AM] On-chain data shows Bitcoin currently has a thick supply wall between the $60,300 and $62,155 levels that may prevent the asset from falling lower. A Large Amount Of Bitcoin Was Bought Near Current Prices As explained by analyst Ali in a new post…

Bitcoin Plunges Below Support As Price Crashes To $42,500

[Jan 3 2:00 PM] Bitcoin appeared to have been securely floating above support just earlier, but today, the picture has changed as the price has suddenly crashed to $42,500. Bitcoin Has Crashed More Than 6% During Past 24 Hours Bitcoin had kicked off 2024 with some…

$47,600 Or $38,600? What Could Be Next For Bitcoin

[Jan 1 12:30 PM] An analyst has pointed out two demand zones that could be important for Bitcoin. Here’s what could be next for BTC based on these supply walls. Bitcoin On-Chain Support And Resistance Levels Could Provide Hints For What’s Next As…

Bitcoin Crash To $38,000: Here’s What Could Trigger It

[Dec 18, 2023 7:00 PM] Data shows Bitcoin is losing a major region of on-chain support with its latest plunge. Here’s the range where the next zone lies for the asset. Bitcoin Has Slipped Under $41,200 To $42,400 Support Region As explained by analyst Ali in a post…

Bitcoin MVRV At Critical Support Line, Will Retest Be Successful?

[Sep 6, 2023 10:00 AM] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio is nearing a retest that could be crucial for the asset. Bitcoin MVRV Ratio Is Nearing In On The 1.2 Level As an analyst in a CryptoQuant Quicktake post explained, the 1.2…

This Historic Bitcoin On-Chain Support Level Is Still Not Lost

[Dec 2, 2022 6:00 PM] On-chain data shows the historical 20-Day MA Bitcoin aSOPR support level has continued to hold so far. Bitcoin 20-Day MA aSOPR Rebounds Off Historical Support Line As pointed out by an analyst in a CryptoQuant post, the BTC aSOPR recently retested…