Bitcoin Pricing Bands Hint At Potential $117,000 Target – Details

New Zealand authorities have arrested a Wellington-based man in connection with an international hundred-million-dollar cryptocurrency scam operation. The probe into this fraudulent scheme is being led by the US Federal Bureau of Investigation (FBI), resulting in simultaneous arrests of suspects across both nations. Related Reading: Bitcoin Pricing Bands Hint At Potential $117,000 Target – Details […]

A cryptocurrency analyst has pointed out how Bitcoin could target $139,000 next, according to this on-chain pricing bands model. Bitcoin Has Broken Past 0.5 SD MVRV Deviation Band In a new post on X, analyst Ali Martinez has talked about where Bitcoin may be heading next based on the MVRV Extreme Deviation Pricing Bands. This pricing model is based on the popular Market Value to Realized Value (MVRV) Ratio, an indicator that compares the market cap of Bitcoin against its realized cap. Related Reading: Bitcoin Short-Term Holder RVT Nears Cycle Lows: A Healthy Reset? The former represents....

Ethereum (ETH) experienced a rather adventurous trading week marked by significant price gains but even stronger losses. Notably, prominent market analyst Ali Martinez has highlighted a critical market condition that could result in a market surge. Related Reading: Litecoin Holds Bullish Outlook As the MVRV Ratio Signals Strength – Analyst Ethereum’s Next Move: Price Rally To $3,260? Being the second largest cryptocurrency in the market, Ethereum’s price action remains important to traders, especially with the current doubts over an altseason.  In an X post on March 7, Ali Martinez....

Ethereum has been a major victim of the ongoing crypto market onslaught, recording a 27.63% loss in the last month alone. The largest altcoin now trades around $2,800, representing a significant fall from the local cycle peak around $4,800. As prices continue to tumble with each new drop triggering waves of liquidation, analyst Ali Martinez has postulated on a market bottom target. Related Reading: Ethereum Golden Pocket In Play – Can ETH Turn The Tide Above $2,800? ETH MVRV Pricing Bands Reveal Potential 28% Decline Ahead In an X post on November 22, Martinez shares critical on-chain data....

The Bitcoin market remains in a prolonged correction phase, registering a 10.4% price drop in the last seven days.  As multiple analysts attempt to chart the asset’s price trajectory amid this volatile period, recent on-chain data have revealed potential local bottom targets. Related Reading: Kiyosaki Dumps Bitcoin At $90K After Predicting A $250K Moonshot – Here’s Why $55,900 Or $44,700 – How Low Can Bitcoin Go? In an X post on November 23, prominent market analyst Ali Martinez shares some insight on Bitcoin’s potential downside targets, amid the heavy price correction....