Bitcoin price hits $32K but derivatives metrics still show signs of weakness

Bitcoin price hits $32K but derivatives metrics still show signs of weakness

There’s no doubt that the last couple of months have been bearish for Bitcoin (BTC), but throughout this entire period, derivatives indicators have been relatively neutral. This could be because cryptocurrencies have a strong track record of volatility, and even 55% corrections from all-time highs are expected. After two months…

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Analyst Willy Woo: Based on On-Chain Metrics Bitcoin Will Reach $157,000 Once the Retracement is Over – CoinCheckup Blog

Key takeaways: According to Willy Woo, we have never exited the bull market, instead, we are in a reaccumulation phase of the bull run that started at the end of 2020 Woo predicts the surge to $157,000 once the current phase ends, which could ultimately lead to $350,000 Bitcoin when…

Binance P2P Tutorial - How To Add Funds, Trade & Withdraw

Bitcoin’s Ability to Adapt is Encouraging, Metrics Show Signs of Market Reversal – CoinCheckup Blog

Key takeaways: Market metrics, MRVR and Puel Multiple, point to the current market undervaluation of Bitcoin Chinese crackdowns on Bitcoin mining has been largely responsible for the negative market trend during the last three months Upcoming Taproot Bitcoin upgrade shows the coin’s ability to adapt to new changes and reminds…

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