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” […]
Tag: STH
By mrblockchain The Federal Reserve has retracted prior guidance that discouraged banks from engaging in cryptocurrency and stablecoin activities, signaling a shift toward supporting innovation in the sector. The rescinded guidelines, issued in 2022 and 2023, had warned banks about the risks of crypto, including volatility, liquidity, and legal challenges. Industry leaders like Michael Saylor […]
By Sebastian Villafuerte Bitcoin is trading above the $90,000 mark again, signaling renewed strength as bulls gain momentum despite persistent global uncertainty. The broader market remains on edge amid rising tensions between the US and China, coupled with lingering concerns over inflation and economic slowdown. However, optimism around Bitcoin continues to grow, with several analysts […]