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Bitcoin MVRV Lowest Since FTX Crash, Signal To Buy?

[Aug 6 9:00 AM] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio has observed a plunge alongside the latest price crash. Bitcoin 30-Day MVRV Ratio Is Now At Lowest Levels Since FTX Collapse As explained by analyst Ali Martinez in a new…

Analyst Warns Bitcoin (BTC) Price Could Drop Another 20%

[Aug 6 6:00 AM] Bitcoin (BTC) saw a 20% price drop over the weekend, briefly losing the $50,000 support level. The rest of the market followed the flagship cryptocurrency, crashing around 23% in the last three days. Since then, the crypto market has momentarily…

Bitcoin Drops Hard: Time To Fade The Trend And Buy BTC?

[Aug 6 3:00 AM] Bitcoin is under immense selling pressure at spot rates, crashing below critical multi-month support at around the $53,500 to $56,000 zone. As bears take over, there are concerns that the coin could, after all, slip even lower, plunging towards the…

Bitcoin Price Bounce Back: Could the Recovery Lose Momentum?

[Aug 6 2:44 AM] Bitcoin price started a recovery wave after it crashed below $50,000. BTC is back above $55,000 and faces many hurdles near the $58,000 zone. Bitcoin started a recovery wave above the $52,500 and $55,000 levels. The price is trading below $58,000…

Bitcoin Price Crashes To $49,000: Key Reasons Explained

[Aug 5 8:40 AM] Over the past 24 hours, the crypto market has witnessed a severe downturn, with Bitcoin’s price tumbling down 15% to a low of $49,000 on Binance (BTC/USDT), marking a significant departure from its $70,000 high last week—a 26% crash…

Bitcoin Price Plunge Deepens: What Could Prevent a Recovery?

[Aug 5 4:29 AM] Bitcoin price declined further below the $55,000 support zone. BTC is down over 15% and might even slide toward the $50,000 zone. Bitcoin gained bearish momentum below the $56,500 and $55,000 support levels. The price is trading below $55,000 and…