Category: overheated
-
Data Suggests Bitcoin Is Far From Overheated – Analyst Shares Key Metrics To Monitor
•
Bitcoin is currently testing demand below $95,000, a crucial level that could provide the fuel for the next rally. While this consolidation phase has left many investors nervous about a potential deeper correction, with some even speculating that Bitcoin may have already peaked, key metrics paint a more optimistic picture.…
-
Bitcoin Officially In Overheated MVRV Zone, Rally End Near?
•
On-chain data shows that Bitcoin has recently surpassed the Market Value to Realized Value (MVRV) ratio level that has historically indicated overheated conditions. Bitcoin has crossed the highest MVRV deviation pricing range In its latest weekly report, the analytics company weighed in on the series Vitreous node We discussed what…
-
Bitcoin Officially In Overheated MVRV Zone, Rally End Near?
•
On-chain data shows that Bitcoin has recently surpassed the Market Value to Realized Value (MVRV) ratio level that has historically indicated overheated conditions. Bitcoin has crossed the highest MVRV deviation pricing range In its latest weekly report, the analytics company weighed in on the series Vitreous node We discussed what…