Mudrex

Mudrex

The interplay between the Wyckoff Cycle and Altcoin Season can offer valuable insights into market movements. The TOTAL 3 chart, which tracks the market cap of cryptocurrencies excluding Bitcoin and Ethereum, serves as an indicator of the market's interest in altcoins. An upward trend in this chart, coupled with a decline in BTC Dominance, can signal the advent...

Mudrex

Bitcoin is currently trading around $66000, up about 3% in 24 hour time frame. But since it dipped around 17% from it's all time high, the SOPR ratio suggests the profit booking is not yet over. BTC is still showing bearish accumulation. Predicting its path to a new all-time high is challenging, But when we surf through the weekly time frame, there's potential...

Mudrex

Market in last 24hrs -BTCUSD moved sideways, price above 11k -Price volatility was high. Market moved ~3.02%, between $11.2k and $10.86k Today’s Trend analysis -Low volatility ahead with a bullish bias -Price at time of publishing: $11,050 -BTC’s market cap: $203 Billion -Oscillator indicators are mostly neutral. RSI at 73 -Moving average indicators are...