Written by Mitrade
Reviewed by Mitrade
Written by Mitrade
Bitcoin’s two-year rolling MVRV z-score has dropped to its lowest level ever, pointing to extreme undervaluation.
Crypto analyst Scott Melker identifies a prime risk/reward setup for XRP as it tests key support at $1.60, offering a tight stop-loss against potential upside targets near $2.00.
Bitcoin price targets remain bearish as it struggles near multi-month lows, influenced by historical bear market trends.
Australian shares post their worst loss in two months as gold miners slump 7.2% on hawkish US Fed outlooks and looming RBA rate hike fears.
Bitcoin's potential short liquidations highlight a $93,500 target, driven by over $4.5 billion in at-risk positions.