The current bitcoin (BTC) rally looks healthy, with less leverage than on previous occasions, and strong support in the USD 50,000 to USD 60,000 range, on-chain analysis suggests. Although the current crypto market rally - which has now pushed bitcoin above the USD 68,000 mark and ethereum (ETH) above USD 4,800 - has already gotten the community excited, both on-chain signals and technical analysis suggest that the prices still have room to grow. ...
Bitcoin Rally Healthy, Less Leverage Than in the Past, Say On-Chain Analysts
Crypto News - 9 Nov 2021 13:26
The current bitcoin (BTC) rally looks healthy, with less leverage than on previous occasions, and strong support in the USD 50,000 to USD 60,000 range, on-chain analysis suggests. Although the current crypto market rally - which has now pushed bitcoin above the USD 68,000 mark and ethereum (ETH) above USD 4,800 - has already gotten the community excited, both on-chain signals and technical analysis suggest that the prices still have room to grow. ...
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