Tag Archives: Bitcoin Level

This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says

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The on-chain analytics firm Glassnode has explained how the Bitcoin investor Cost Basis Distribution could highlight this level as an important one. A Notable Amount Of Bitcoin Has Cost Basis At $106,600 In a new Cost Basis Distribution” (CBD) here refers to an on-chain indicator that tells us about how much of the asset’s supply… Continue reading This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says→

Bitcoin Bear Market Is Below This Level, Analyst Reveals

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An analyst has explained how a moving average (MA) that has historically served as the boundary for bear markets is situated at this level. Bitcoin 50-Week MA Is Currently At $75,195 In a new technical analysis (TA) tool that calculates the average value of any given quantity and as its name implies, it moves in… Continue reading Bitcoin Bear Market Is Below This Level, Analyst Reveals→

Bitcoin’s Next Stop: $75,500? Analyst Reveals Historical ‘Magnet’ Level

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An analyst has pointed out how the 50-week moving average (MA) of Bitcoin has historically acted as a sort of magnet for the asset’s price. 50-Week MA Is Currently Situated At $75,500 For Bitcoin In a new MA” is a technical analysis indicator that calculates the average value of any asset’s price over a given… Continue reading Bitcoin’s Next Stop: $75,500? Analyst Reveals Historical ‘Magnet’ Level→