By Chayanika Deka Bitcoin briefly broke $121,000 on Friday as it extended this week’s rally. October has historically been BTC’s strongest month, and the psychology of “Uptober” goes far deeper than seasonal superstition. CryptoQuant explained that it reflects the powerful interaction of investor sentiment, capital flows, and macro catalysts that reliably converge in the crypto […]
Tag: MVRV
By Emir Abyazov Key highlights: BTC MVRV for short-term holders hits breakeven at $110,326 Oversold signal appears on Bollinger Bands, rare in past year Historical parallels suggest potential BTC reversal after dips Bitcoin MVRV flashes oversold signal — Could BTC rebound soon? The MVRV indicator, when combined with Bollinger Bands, has flashed an “oversold” […]
By Afe Funbi Key highlights: Bitcoin price bounced off the $112,500 support zone, investors are watching the $114,800–$116,800 zone to confirm breakout. On-chain momentum indicators like the 70-day MVRV signal new buying pressure and reduced selling pressure. Analysts say a breakout above resistance could open the path toward $125,000–$132,500 in the weeks ahead. Bitcoin price […]