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Is Bitcoin’s rally cooling off? Key metrics to keep an eye on

AMBCrypto LogoAMBCrypto10h ago

Is Bitcoin’s rally cooling off? Key metrics to keep an eye on - AMBCrypto

Quick Summary:

Bitcoin stabilizes above $90,000 following a recent all-time high, with analysts assessing market metrics for future direction.

Dent highlighted that in past market cycles, peaks in the MVRV ratio often coincided with market tops.

This rise aligns with an increase in Bitcoin’s open interest volume, which has surged by 16.42% to $61.83 billion.

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Is Bitcoin’s rally cooling off? Key metrics to keep an eye on - AMBCrypto (Picture 1)Is Bitcoin’s rally cooling off? Key metrics to keep an eye on - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 21:00:32 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 616 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23674844

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 23 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

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The outlet is headquartered in United States and publishes an average of 23 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/is-bitcoins-rally-cooling-off-17319638333221

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