2 / 2 Relevant items tagged with #BitcoinSupport
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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…
Bitcoin Plunges To $28,500, Will This Historical Support Hold Again?
[Aug 17, 2023 9:50 AM] Bitcoin has plunged toward the $28,500 mark during the past day, which happens to be quite near a historically significant support line. Bitcoin Is Now Near The Short-Term Holder Realized Price As pointed out by an analyst in a CryptoQuant post…
Bitcoin-Friendly Javier Milei Wins Presidential Primaries In Argentina
[Aug 14, 2023 6:50 AM] Argentine libertarian Presidential candidate and Bitcoin enthusiast Javier Milei has shocked the world by emerging victorious in Argentina’s recent primary elections. The pro-Bitcoin advocate scored the majority of the votes, making a stinging win…
Bitcoin Drops Under $29,000, Here’s Where BTC Could Find Support Next
[Aug 1, 2023 2:30 PM] Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The Next Support Level As pointed out by an…
Bitcoin Shows Recovery: Did This Historical Line Act As Support Again?
[May 29, 2023 6:30 AM] Bitcoin on-chain data suggests a historical support line may have helped the coin once again as the asset has recovered toward $28,000 today. Bitcoin Short-Term Holder Cost Basis May Still Be Active As Support According to data from the on-chain…
Bitcoin Hangs At $26,200: Why This Is A Crucial Support Level
[May 25, 2023 8:00 AM] Bitcoin has plunged during the last 24 hours and now finds itself at the $26,200 level. Here’s why this level is important for the asset. Bitcoin 200 WMA & 111 DMA Are Both At $26,200 Right Now In a new tweet, the analytics firm Glassnode…
$24,400 May Be Next Major Level Of Support For Bitcoin, Here’s Why
[May 3, 2023 8:30 AM] Historical data of an on-chain indicator may suggest that the $24,400 level could be a major level of support for Bitcoin right now. Bitcoin STH MVRV Would Hit 1.0 If Price Declines To $24,400 According to this week’s edition of the Glassnode…
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…