Is Bitcoin's rebound near as key area rises? Assessing
Portfolio Pulse from
Bitcoin's sell-side risk ratio has dropped to 0.086%, a historically significant level that often precedes market rebounds. The MVRV momentum is approaching a potential bullish crossover, and on-chain metrics suggest reduced selling pressure. Currently trading around $81,100, Bitcoin could see a recovery if it reclaims the $85K level.
March 30, 2025 | 3:15 pm
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POSITIVE IMPACT
On-chain indicators suggest reduced selling pressure and potential bullish momentum. Key levels to watch include $85K resistance and potential move towards $90K.
Multiple on-chain indicators (sell-side risk ratio, MVRV momentum) suggest Bitcoin is in a potential reversal zone. Historical patterns indicate low risk of further significant downside.
CONFIDENCE 75
IMPORTANCE 90
RELEVANCE 100