Bitcoin Eyes Rebound to $96K From Current ‘Discount’ Zone: Analysis
3 Articles
3 Articles
Bitcoin Targets $96K Rebound as Analysts Call Current Levels a ‘Discount Zone’
TL;DR Key metrics like the Puell Multiple and MVRV Z-Score indicate a possible undervaluation of Bitcoin. Technical data suggests a rebound target of $96,800 for BTC’s price. The possibility of a “dead cat bounce” or a leverage flush still generates caution among analysts. Investors are on edge due to the conflicting signals coming from the Bitcoin market. Some key metrics suggest that the pioneering cryptocurrency is in an attractive “discount…
Bitcoin Targets $96K-$99K Recovery as Indices Signal Reversal
Bitcoin (BTC) is trading around $87,000 on November 25, with on-chain and derivatives indices hinting that the month-long bearish phase may be nearing a key inflection point. Analysts now anticipate a potential recovery window between $96,000 and $99,000, with weak investors exiting the market and liquidity, rather than narratives, beginning to drive the next big move. Indices Point to Bear Fatigue as Price Lags Fair Value On-chain researcher Ax…
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