Data Suggests Bitcoin Is Far From Overheated – Analyst Shares Key Metrics To Monitor | TheSpuzz

Data Suggests Bitcoin Is Far From Overheated – Analyst Shares Key Metrics To Monitor | TheSpuzz

Source: Bitcoinist Bitcoin is currently testing demand below the $95K mark, a crucial level that could provide the fuel needed for the next rally. While this consolidation phase has left many investors nervous about a potential deeper correction, some even speculating that BTC may have already peaked, key metrics paint a more optimistic picture. CryptoQuant…

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Ethereum Challenged By Bearish Forces As Altcoin Eyes ,051 Support | TheSpuzz

Ethereum Challenged By Bearish Forces As Altcoin Eyes $3,051 Support | TheSpuzz

Source: Bitcoinist Ethereum has faced significant selling pressure in recent trading sessions as broader market trends turn more bearish. After attempting to break above key resistance levels, ETH has encountered hurdles that suggest the prevailing trend is shifting toward a more negative outlook. As the price begins testing the $3,051 support, a potential breakdown could…

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New Investors Hold 50% Of Bitcoin Wealth – Data Shows Strong Demand Absorbing Sell-Side Pressure | TheSpuzz

New Investors Hold 50% Of Bitcoin Wealth – Data Shows Strong Demand Absorbing Sell-Side Pressure | TheSpuzz

Source: Bitcoinist Bitcoin and the broader cryptocurrency market have experienced volatile and unpredictable price action recently, with sentiment largely dominated by fear and uncertainty. Despite the turbulence, Bitcoin has managed to hold above the critical $92,000 demand level, offering some reassurance to investors about its resilience in the current market climate. A deeper dive into…

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