Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound

August 14, 2024 Bitcoin.com

Bitcoin

Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among short-term investors, which usually occurs at local bottoms,” the report states. Bitfinex Report Analyzes Bitcoin’s Rebound and Potential Local Bottom Crypto exchange Bitfinex […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn

August 9, 2024 Bitcoin.com

bearish trend

The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure and critical valuation metrics suggesting potential for further decline. Cryptoquant Analysis: Bitcoin Plummets Amid Bearish […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Bitcoin Indicator Flashing November 2022-Style Bottom Signal, According to Crypto Analyst

August 7, 2024 The Daily Hodl

Bitcoin

A closely followed crypto analyst says that one key indicator is flashing a similar bottom signal for Bitcoin (BTC) as it did in November 2022. In a new strategy session, crypto trader Ali Martinez tells his 68,900 followers on the social media platform X that Bitcoin’s Market Value to Realized Value (MVRV) is the lowest […]

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Bitcoin Close to Flashing Bullish Signal That Previously Foreshadowed Over 270% Rally for BTC: Santiment

July 10, 2024 The Daily Hodl

Bitcoin

A prominent analytics firm says Bitcoin (BTC) is about to give off a reading that previously signaled the start of a big rally for the crypto king. Santiment says on the social media platform X that it is keeping a close watch on Bitcoin’s 30-day and 365-day Market Value to Realized Value (MVRV). The MVRV […]

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

One Ethereum Indicator Is Signaling Altcoin Season Will Start Early, According to Quant Analyst Ki Young Ju

June 21, 2024 The Daily Hodl

Altcoins

The CEO of blockchain analytics platform CryptoQuant, Ki Young Ju, is updating his outlook on altcoins ahead of a potential approval of spot Ethereum (ETH) exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission (SEC). Young Ju tells his 348,500 followers on the social media platform X that Ethereum’s Market Value to Realized Value […]

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

$1,500,000,000 Liquidation Cascade Waiting for Bitcoin at $72,000, According To Willy Woo

June 6, 2024 The Daily Hodl

Bitcoin

On-chain analyst Willy Woo says there’s a “cascade” of liquidation that’s primed to begin when Bitcoin (BTC) hits $72,000. Woon tells his 1.1 million followers on the social media platform X that $1.5 billion worth of short positions are “ready to be liquidated all the way up to $75,000 and a new all-time high.” Woo […]

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

‘Euphoric Bull’ Phase Could Be Approaching for Bitcoin (BTC), According to On-Chain Analyst

May 22, 2024 The Daily Hodl

Bitcoin

Bitcoin (BTC) could be approaching a “euphoric bull” phase, according to a popular on-chain analyst. The pseudonymous analyst known as Checkmate tells his 91,100 followers on the social media platform X that BTC is approaching a “decision point.” “Bitcoin breaking to a new ATH (all-time high) has historically represented a transition point from the Enthusiastic […]

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Two Bitcoin Metrics Flashing Bullish Signals for BTC, According to Bitfinex Analysts

May 2, 2024 The Daily Hodl

Bitcoin

Analysts with the crypto exchange Bitfinex say two key metrics are suddenly flashing bullish for Bitcoin (BTC). In a new blog post, Bitfinex analysts say that Bitcoin’s Market Value to Realized Value (MVRV) ratio shows the price of the top-performing crypto asset is likely going up. MVRV is the ratio of Bitcoin’s market capitalization relative […]

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto Analyst Says One Ethereum-Based Altcoin Flashing a Bearish Signal, Updates Outlook on Bitcoin

October 4, 2023 The Daily Hodl

Altcoins

A crypto analyst thinks indications of a bearish signal are being displayed by one Ethereum (ETH)-based altcoin. Ali Martinez tells his 30,800 followers on the social media platform X that the native asset of the decentralized oracle network Chainlink (LINK) could be primed for a brief correction. Citing data from crypto analytics firm Santiment, Martinez […]

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Altcoins Flashing Bullish Signal After Last Week’s Bloodbath, According to Analytics Firm Santiment

August 20, 2023 The Daily Hodl

Altcoins

New data from market intelligence firm Santiment suggests that altcoins may recoup some of their losses from the crypto market’s sharp downturn last week. According to the crypto analytics platform, altcoins are “overwhelmingly showing undervaluation” after last week’s bloodbath, leaving investors divided on how quickly the markets can recover. Using the market value to realized […]

The post Altcoins Flashing Bullish Signal After Last Week’s Bloodbath, According to Analytics Firm Santiment appeared first on The Daily Hodl.

MVRV

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