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Bitcoin Price Gains Strength: 100 SMA Crucial for Sustained Gains

[Aug 7, 2024 2:41 AM] Bitcoin price started a recovery wave above the $55,000 resistance. BTC must clear the 100 hourly SMA to continue higher in the near term. Bitcoin started a recovery wave above the $53,500 and $55,500 levels. The price is trading below $58,000 and…

Bitcoin Crash Over? Veteran Trader Predicts Rebound To $90,000

[Aug 7, 2024 12:30 AM] The Bitcoin crash may be over, as a crypto trader has predicted a significant rebound for the pioneer cryptocurrency, foreseeing Bitcoin soaring to new all-time highs of $90,000. This bullish projection comes amid the recent downtrend in the price…

Bitcoin MVRV Lowest Since FTX Crash, Signal To Buy?

[Aug 6, 2024 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…