Bitcoin is once again at the center of market attention, trading at critical price levels after a 9% surge since the start of August pushed it to just below its $123,000 all-time high. The rally has reignited the bull-vs-bear debate, with analysts split on where BTC heads next. Some believe the momentum will be enough…
View More Bitcoin Realized P&L Ratio Signals Sustainable Rally: Reversal Risk Remains Low
A report from the on-chain analytics firm Glassnode has revealed how Bitcoin investors have recently been realizing an hourly profit 17% above the baseline. Bitcoin Realized Profit Has Spiked Alongside Recovery Rally In its latest weekly report, Realized Profit” here refers to an on-chain indicator that, as its name suggests, measures the total amount of…
View More Bitcoin Holders Realizing $139 Million In Profit Per Hour This Rally, Report Says
Bitcoin’s short-term price direction remains uncertain as the market struggles to confirm its next move. Analysts and investors are divided, with some calling for a breakout into new all-time highs while others anticipate renewed selling pressure into lower prices. The price has been consolidating in a narrow range for the past twelve days, holding above…
View More Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout?