Did This Bitcoin On-Chain Metric Predict Recovery In Advance?
Submitted by Anonymous (not verified) on Fri, 03/22/2024 - 00:20On-chain data indicates that Bitcoin had retested a historically relevant line right before the latest recovery had come.
On-chain data indicates that Bitcoin had retested a historically relevant line right before the latest recovery had come.
Bitcoin has made some notable recovery in the past day as data suggests buying pressure has returned on the cryptocurrency exchange Coinbase.
Bitcoin has cleared the $67,000 level in the past day as on-chain data shows the population of whales on the network has continued to grow.
Bitcoin has just broken above the $65,000 level. Here’s a possible reason that may be contributing to this fresh bullish momentum in the asset.
In an extraordinary run, Bitcoin has managed to go as high as $64,000, but is this rally justified? Here’s what on-chain data suggests.
Data shows around $280 million in cryptocurrency futures shorts have found liquidation in the past day as Bitcoin has touched $57,000.
Data shows the cryptocurrency futures market has gone through a $152 million liquidation squeeze as Bitcoin has broken past $47,300.
Bitcoin has managed to make a recovery back above the $44,500 mark, but what’s fueling this surge? Here’s what on-chain data suggests.
Data shows a huge amount of liquidations have occurred on the crypto futures market today following Bitcoin’s sharp surge toward $37,000.
Data shows the Bitcoin rally above the $28,400 level has triggered $110 million in liquidations across the cryptocurrency futures market.
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