oncChainInsights
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#OnChainInsights yes we finally know for me but these are real only #oncChainInsights no because the family of #chain grows over time.
#PriceTrendAnalysis
#ActiveUserImpact
#oncChainInsights
Technical Analysis and Upcoming Events
Bitcoin’s price is near the lower Bollinger Band at $81,606, suggesting oversold conditions that could lead to a short-term bounce. The Money Flow Index (MFI) is at 25.72, reinforcing the oversold state and potential buying interest.
The White House Crypto Summit on March 7th is being closely watched by market participants. The event may bring regulatory updates or policy announcements that could affect market sentiment.
The MVRV Z-Score cooldown suggests Bitcoin could be preparing for a move toward the $100K level, similar to its February-March 2024 pullback before reaching new highs. Market movements are being influenced by political factors, leading traders to monitor if Bitcoin is preparing for its next major rally
#ActiveUserImpact
#oncChainInsights
Technical Analysis and Upcoming Events
Bitcoin’s price is near the lower Bollinger Band at $81,606, suggesting oversold conditions that could lead to a short-term bounce. The Money Flow Index (MFI) is at 25.72, reinforcing the oversold state and potential buying interest.
The White House Crypto Summit on March 7th is being closely watched by market participants. The event may bring regulatory updates or policy announcements that could affect market sentiment.
The MVRV Z-Score cooldown suggests Bitcoin could be preparing for a move toward the $100K level, similar to its February-March 2024 pullback before reaching new highs. Market movements are being influenced by political factors, leading traders to monitor if Bitcoin is preparing for its next major rally
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