By Emir Abyazov Key highlights: Galaxy Digital and long-dormant “whale” wallets are sending large amounts of Bitcoin to exchanges, sparking concerns of increased selling pressure. Long-term holders and miners are reducing positions as Bitcoin approaches psychological resistance, signaling a potential trend reversal in August. Despite mounting risks, analysts note Bitcoin’s market structure remains resilient, supported […]
Tag: MVRV
By Marco Piccolo Carmelo Alemán, an analyst on the blockchain analytics platform CryptoQuant, has presented a bullish long-term outlook for Bitcoin based on historical performance patterns. Rather than focusing exclusively on micro-signals such as MVRV ratios, UTXO value bands, or short-term SOPR shifts, Alemán advocates for a cyclical perspective that tracks broader market rhythms. Trade […]
By YDN Bitcoin is defending a critical technical and psychological threshold at the $102,044 MVRV band, a historical inflection point where past rallies have either been reborn or have collapsed into deeper corrections. The fundamental narrative is showing signs of severe strain; the Network Value to Transaction (NVT) ratio has exploded by over 83%, suggesting […]