Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details
Posted inBitcoin

Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details

In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with…
Bitcoin At Increased Risk Of Falling To $88,500 Support, Glassnode Warns
Posted inBitcoin News

Bitcoin At Increased Risk Of Falling To $88,500 Support, Glassnode Warns

On-chain analytics firm Glassnode has revealed how Bitcoin could be at risk of a further drawdown after trading at a significant discount to a key cost basis level. Bitcoin Could Retest Active Realized Price Next In its latest weekly report, short-term holder (STH) Realized Price. The “Realized Price” here refers to an on-chain metric that…