Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Analyst Says Bitcoin Indicator Flashes Bullish Signals, Updates Outlook for Dogecoin
ALTCOIN NEWS

Analyst Says Bitcoin Indicator Flashes Bullish Signals, Updates Outlook for Dogecoin

By Crypto FlexsFebruary 2, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Analyst Says Bitcoin Indicator Flashes Bullish Signals, Updates Outlook for Dogecoin
Share
Facebook Twitter LinkedIn Pinterest Email

Analyst Ali Martinez said Bitcoin (BTC)’s main indicator is currently blinking green.

Martinez says 42,900 followers on social media platform

MVRV is the ratio of Bitcoin’s market capitalization to its realized capitalization (based on the purchase price of all BTC) and is used to assess whether a cryptocurrency asset is undervalued or overvalued.

“Last year, whenever the Bitcoin MVRV rate fell below its 90-day average, it was a signal that there was a buying opportunity.

Currently, the BTC MVRV rate is below its 90-day average again, suggesting that now may be a good moment to buy BTC.”

At the time of this writing, Bitcoin is trading at $42,203.

Next is Dogecoin (DOGE). Blockchain analytics platform IntoTheBlock quotes data from Martinez Called Leading memecoin has seen a “remarkable growth spurt” with new addresses increasing by around 1,100% over the past week.

According to cryptocurrency analysts, the continued increase in the number of Dogecoin addresses is a strong fundamental sign of Memecoin’s potential.

“On January 29th alone, 247,240 new DOGE addresses were created, an all-time high. The continued upward trend in network expansion may soon be reflected positively in DOGE prices.”

video

Dogecoin is trading at $0.0791 at the time of this writing.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us TwitterFacebook, Telegram

Daily Hodl Mix Surfing

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created: DALLE3

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025
Add A Comment

Comments are closed.

Recent Posts

Rome Launches Its Genesis NFT Collection “Imperia” On Magic Eden Launchpad

October 8, 2025

BNB price is less than $1,300 on Meme Season Buzz

October 8, 2025

Cryptocurrency trader, OTC fraud claims $ 1.4 million losses, guessing due to KUCOIN deposits

October 7, 2025

Meanwhile, Bitcoin Life Insurer, Secures $82M To Meet Soaring Demand For Inflation-Proof Savings

October 7, 2025

Pepeto Presale Exceeds $6.93 Million; Staking And Exchange Demo Released

October 7, 2025

Eightco Holdings Inc. ($ORBS) Digital Asset Treasury Launches “Chairman’s Message” Video Series

October 7, 2025

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Rome Launches Its Genesis NFT Collection “Imperia” On Magic Eden Launchpad

October 8, 2025

BNB price is less than $1,300 on Meme Season Buzz

October 8, 2025

Cryptocurrency trader, OTC fraud claims $ 1.4 million losses, guessing due to KUCOIN deposits

October 7, 2025
Most Popular

EF-Supported Teams: Research & Development Update

February 7, 2024

Bitcoin Price Approaches Breakout – Why BTC Could Rise 10%

December 22, 2023

Weekly Update #32 – Password Tracking

December 6, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.