Bitcoin price is approaching the red warning zone, and the "crazy bull market" may be on the way
CryptoChan2024/11/19 06:59
By:CryptoChan
According to the latest on-chain analysis data, the price of Bitcoin (BTC) is gradually approaching the upper limit of the red ribbon calculated based on the tradable supply and active level (Liquid Supply Liveliness) on the chain. This red area usually reflects the upper limit of chip cost at the end of the bull market. Historical data shows that during the mad bull stage, the market trading price may touch or even break through this area. This signal suggests that BTC may enter the climax of the bull market.

1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Ripple and Dubai Land Tokenize Property Titles on XRPL
Coinlive•2025/07/16 23:50
Midas Expands Tokenization on Tezos via Etherlink
Coinlive•2025/07/16 23:50
Morgan Stanley Evaluates Potential Uses for Stablecoins
Coinlineup•2025/07/16 23:45

Economist Predicts Cryptocurrency Market to Skyrocket
In Brief Henrik Zeberg predicts a significant increase in cryptocurrency market capitalization. Technical indicators suggest a strong market trend similar to past surges. Investors should remain cautious of volatility and potential market corrections.
Cointurk•2025/07/16 23:25

Trending news
MoreCrypto prices
More
Bitcoin
BTC
$118,261.13
+0.64%

Ethereum
ETH
$3,348.59
+6.89%

XRP
XRP
$3.03
+3.94%

Tether USDt
USDT
$1
+0.00%

BNB
BNB
$715.3
+3.63%

Solana
SOL
$171.74
+4.97%

USDC
USDC
$0.9999
-0.02%

Dogecoin
DOGE
$0.2122
+6.49%

TRON
TRX
$0.3089
+2.68%

Cardano
ADA
$0.7511
+0.87%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now