Bitcoin News
By Dan Saada
1 / 15
Recent Price Action Shows Volatility. Last week, Bitcoin experienced one of its steepest declines in recent months, briefly dipping…
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Failed Weekly Breakout Signals Potential Exhaustion. One of the critical charts Maartunn shared compares recent Bitcoin price action with the November…
3 / 15
UTXO Realized Price Distribution Reveals Resistance. On-chain data also indicates notable resistance based on Bitcoin’s UTXO Realized Price…
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Short-Term Holder Realized Price Points to Support Zones. On the support side, the average cost basis or Realized Price of short-term holders (STHs) could…
5 / 15
Market Outlook and Key Levels. Traders should pay close attention to the $117,500–$120,000 resistance range indicated by the…
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Conclusion. Bitcoin’s near-term trajectory remains uncertain, as key charts highlight both potential…
7 / 15
Bitcoin (BTC) is showing tentative signs of recovery following last week’s sharp crash from above $122,000 to below $110,000.
8 / 15
CryptoQuant community analyst Maartunn highlighted that while BTC appears to be stabilizing, the recovery is far from guaranteed.
9 / 15
Historically, such failed breakouts often signal market exhaustion. In November 2021, a similar pattern preceded a significant consolidation phase, suggesting that Bitcoin could…
10 / 15
This pattern highlights the market’s cautious sentiment, where short-term buying momentum struggles to push BTC past key supply zones, creating potential hurdles for bulls in the…
11 / 15
Currently, a significant portion of Bitcoin supply has a cost basis between $117,500 and $120,000.
12 / 15
This URPD chart underscores the importance of monitoring supply distribution when assessing potential resistance levels, as historical buying patterns often dictate where price…
13 / 15
However, Maartunn notes that conviction among short-term holders is fading, as the Market Value to Realized Value (MVRV) ratio for this cohort has been declining.
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This trend suggests that while short-term holders may provide temporary stabilization, their diminishing conviction could lead to increased volatility if BTC fails to hold…
15 / 15
Traders should pay close attention to the $117,500–$120,000 resistance range indicated by the URPD, as it could dictate whether BTC continues its recovery or faces renewed…
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