On-Chain Data: The Last Time This Happened, Bitcoin Rose Another 2x
According to Glassnode’s Bitcoin MVRV Z-Score indicator, Bitcoin is about to cross the red zone. The last time BTC saw this trend, it rallied two times more from its current price.
What is the B... Read More
Bitcoin01/06/20 22:00 by Tony Spilotro
Bitcoin Is Overpriced According Energy Value For First Time Since September 2019
Bitcoin price just reached overvalued status for the first time since September 2019, according to the asset’s Energy Value indicator. While this may sound like a negative thing, after this indi... Read More
Bitcoin01/06/20 20:51 by Erie Maxwell
Bitcoin Price Currently Overvalued, According to This Crucial Trend
Bitcoin traded sideways for the majority of May and has been unable to break the crucial $10,000 level a few times. However, overall, since the crash on March 12, the digital asset has been trading i... Read More
Bitcoin04/12/19 10:00 by Martin Young
Is Bitcoin Still Over Valued Despite a 50% Correction?
Bitcoin has turned bearish again this week following an 18% climb the previous week. Market sentiment is generally negative and analysts are eyeing further losses and a return to the $6k level. Is BTC... Read More