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Crypto
Mining cost, realized price and MVRV warn bitcoin may retest $50,000
Bitcoin has held the $60,000 level recently, but it is too early to say a bottom is in, an analysis said. Multiple indicators including mining cost, realized price, MVRV bands and weekly technical signals point to the possibility that bitcoin could slide toward around $50,000 in the coming weeks. Analysts noted downside risks remain despite a rebound, with attention focused on support near $60,000 and $62,000.
Crypto
Bitcoin holds near $81,000; analyst says reclaiming $82,580 is turning point
Bitcoin is holding around $81,000 after failing again to break above the 200-day exponential moving average, prompting warnings it could slide toward around $60,000. Market participants are watching the 200-day simple moving average near $82,580 as a key resistance level. Analysts cited prior failures to clear that line and the size of subsequent pullbacks. Some signals point to further weakness, while others cite a rebound from the 200-week average and continued whale accumulation.
Crypto
Bitcoin on-chain metrics improve, $92,000 in play if it breaks $84,000
Bitcoin has reclaimed the $81,000 level, with on-chain indicators pointing to a short-term target around $92,000. Data tracked by Glassnode put the short-term holder cost basis near $79,000, a level that has often coincided with reduced selling pressure when regained. Analysts cited $82,000 to $84,000 as a key supply zone and resistance. A break above that area could open room for further gains, while large sell orders are clustered in the same range.
