Bitcoin STH MVRV Trends Higher: Short-Term Holders Eye $118K–$128K Range
Bitcoin is trading above the $100,000 mark after several days of consolidation just under $105,000. The market remains uncertain as bulls attempt to push higher, while bears anticipate a potential retracement. The debate is intensifying: some analysts argue that a massive expansion is only a matter of time, while others suggest a healthy correction could […]
Related News
Bitcoin is trading just 5% below its all-time high around $109,300, consolidating after a powerful multi-week rally that has captured market attention. Bulls remain firmly in control, with price action showing strong resilience above the $100K psychological level. Related Reading: Bitcoin STH MVRV Trends Higher: Short-Term Holders Eye $118K–$128K Range As the market pauses to […]
On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one to watch. Bitcoin Is Still At A Notable Gap From Short-Term Holder Cost Basis In a new post on X, the on-chain analytics firm Glassnode has discussed the trend in the profit-loss status of the Bitcoin short-term holders. The indicator of relevance here is the “Market Value to Realized Value (MVRV) Ratio,” which keeps track of the ratio between BTC’s Market Cap and its Realized Cap. Related Reading: Bitcoin Sentiment Now Worst Since Mid-October: Reversal....
Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market. This sudden dip, which cascaded into other cryptocurrencies, took the market by surprise. As such, Bitcoin fell to its lowest price in six months, and many other altcoins followed suit. Although Bitcoin has since recovered by 20% and now finds itself trading around just below $60,000, many short-term holders are still sitting in unrealized losses. A recent report from Glassnode, a leading blockchain analysis firm, sheds light on the factors contributing to this abrupt market....
On-chain data shows that the Bitcoin Market Value to Realized Value (MVRV) ratio is doing a retest that has historically been significant for BTC. Bitcoin MVRV Ratio Is Retesting Its 365-Day SMA Right Now As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MVRV ratio is retesting a level that has acted as an important psychological level in the past. The “MVRV ratio” here refers to a popular on-chain indicator that, in short, compares the value that the investors are holding (that is, the market cap) against what they used to purchase the cryptocurrency (the....
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term holders and short-term holders in order to analyze the behaviors of these types of investors. Assessing Bitcoin Spending Behaviour Ever since bitcoin (BTC) touched an all-time high at $61,782 per unit market prices have been a bit more tumultuous. Currently, BTC is hovering just above the $55k handle....