#ALEPHUSDT
At least I expect pullback to 0.5 fibo level. More to come if we do manage to stay above it.
At least I expect pullback to 0.5 fibo level. More to come if we do manage to stay above it.
#BZRXBTC
BZRX formed rounding bottom and continues its uptrend from the last price drop. One can buy if it gives breakout above the resistance.
BZRX formed rounding bottom and continues its uptrend from the last price drop. One can buy if it gives breakout above the resistance.
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A grim outlook for the flagship cryptocurrency is the 365-day Market Value to Realized Value (MVRV) model, which suggests more room for a downside move.
This fundamental index measures the profit/loss of investors who purchased BTC in the past year. While the recent crash tanked MVRV from 118% to 1.77%, there is a chance that it will dip into negative territory, aka the opportunity zone.
Such a move will suggest that the short-term investors are selling, providing an “opportunity” for the long-term holders to accumulate.
This fundamental index measures the profit/loss of investors who purchased BTC in the past year. While the recent crash tanked MVRV from 118% to 1.77%, there is a chance that it will dip into negative territory, aka the opportunity zone.
Such a move will suggest that the short-term investors are selling, providing an “opportunity” for the long-term holders to accumulate.