Bitcoin Is Now Above This Historical Level, But For How Long?

Bitcoin Is Now Above This Historical Level, But For How Long?

Bitcoin is now above a certain historical on-chain metric, and if the asset can continue to hold here, a bullish trend might follow. Bitcoin Is Now Above The “Warm Supply” Realized Price As explained by an analyst in a post on X, BTC is now trading above the warm supply realized price. The “realized price” […]


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Bitcoin’s price is undergoing a correction toward the long-term upward trend. For how long will this correction last, and at which point is the long-term upward trend most likely to continue? What has caused the start of this correction? One of the key long-term levels was near $760-80. A long-term downward trend has been forming along that price as far back as 2014. The price of $760-80 has become a key level. The placing of the correction level of the Fibonacci grid 38% has given more significance to that range. That’s why it could be called a historical maximum, which was later....

Daily Altcoin Price Analysis: the Avalanche Moves Down Slowly

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Bitcoin 30-Day Long-Term Holder SOPR Is Yet To Hit Bottom Values

On-chain data shows the Bitcoin 30-day long-term holder SOPR hasn’t yet reached the historical bottom level during the current cycle. Bitcoin 30-Day Long-Term Holder SOPR Has Declined Recently As pointed out by an analyst in a CryptoQuant post, the long-term holders haven’t attained their maximum pressure point yet. The “Spent Output Profit Ratio” (or SOPR in short) is an indicator tells us whether the average Bitcoin investor is selling at a profit or at a loss right now. When the value of this metric is less than 1, it means the overall market is realizing some....

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Bitcoin has continued the long-term trend with a powerful impulse. The short-term upward trend is becoming medium-term, and Bitcoin’s price has reached one of the last year’s maximums as a consequence. What were the reasons for that growth? The $452-55 resistance has become a key point during the selection of a medium-term direction. The formation of trends of any size happens when large-scale movements connect with smaller ones. There are points where the movement grows from a small-scale trend into a large one. That is what happened at the level of $452-55. Bitcoin’s price has reached a....

Historical Risk Levels Say Dogecoin Price Has Not Topped Yet, More Upside Com...

A new technical analysis is suggesting that Dogecoin’s current rally may still have room to grow. According to crypto analyst Kevin, the historical risk levels that usually mark cycle tops are currently nowhere near flashing red for Dogecoin.  Chart analysis of Dogecoin’s historical risk levels shows that the meme coin is still sitting in what looks like a mid-cycle phase, and the kind of overheated price action that preceeds exhaustion has not yet appeared. Dogecoin Historical Risk Levels Point To More Upside Kevin’s latest post on the social media platform X showcased Dogecoin’s....