The rising volatility suggests a potential return to levels seen before the 
launch of BTC exchange-traded funds, which dampened volatility.

Bitcoin volatility surge may signal return to options-driven prices: Analyst

Robert Kiyosaki warned that the biggest crash in world history has arrived, 
urging investors to buy precious metals and cryptocurrencies. The &#8220;Rich Dad 
Poor Dad&#8221; author said silver is &#8220;the best and the safest&#8221; investment, 
predicting the metal will hit…

Robert Kiyosaki calls this asset safest bet amid ‘biggest crash’ warning

Discontent with the two-party system is reaching a rolling boil, and several 
forces—from party rebranding debates to congressional feuds and billionaire- 
sized ambitions—are fueling talk that America may be on the edge of a new 
political party. America May Be on the Brink of a New Political Party A 
growing chorus of activists, lawmakers, and political […]

Why the United States Could See a New Political Party by 2026

The Bitcoin market remains in a prolonged correction phase, registering a 
10.4% price drop in the last seven days. As multiple analysts attempt to chart 
the asset&#8217;s price trajectory amid this volatile period, recent on-chain data 
have revealed potential local bottom targets. Related Reading: Kiyosaki Dumps 
Bitcoin At $90K After Predicting A $250K Moonshot – Here’s Why $55,900 Or 
$44,700 &#8211; How Low Can Bitcoin Go? In an X post on November 23, prominent 
market analyst Ali Martinez shares some insight on Bitcoin&#8217;s potential 
downside targets, amid the heavy price correction seen in recent weeks. Since 
hitting a new all-time high of $126,198.07 in early October, the leading 
cryptocurrency has recorded multiple heavy price drops, trading as low as 
$81,000. Despite growing fears of a bear market, several analysts still 
consider the recent downswings to be a mere correction, with the expectation 
of a local bottom and eventual price rebound in the coming weeks. Using data 
from the MVRV Pricing Bands, Martinez has identified two potential targets for 
this anticipated price bottom. Generally, the MVRV Pricing Bands are price 
levels derived from the Market Value to Realized Value (MVRV) ratio that 
indicate whether a cryptocurrency is likely overvalued, undervalued, or fairly 
valued relative to the average price paid by investors. As seen in the chart 
above, these pricing levels have fixed multiples, i.e, 0.8x, 1.0x, 2.4x, 3.2x, 
that represent various degrees of undervaluation or overvaluation. According 
to Martinez, Bitcoin has historically shown to establish a local bottom 
anytime it dipped below the 1.0*Realized Price (RP) (green line), and 0.8*RP 
(blue line), as seen around October 2018, April 2020, and November 2022. 
Presently, the 1.0*RP and 0.8*RP stand at $55,914 and $44,713, respectively, 
suggesting the premier cryptocurrency could still experience further price 
correction between 35% to 48% before relaunching another bullish wave. On the 
other hand, if a bullish rebound occurs before or after hitting the local 
bottom targets, the MVRV pricing bands reveal impressive upside targets at 
$134,195 (2.4*RP) and $178,927 (3.2*RP), respectively. Related Reading: 
Bitcoin Hits Major Inflection Point As Rising Wedge Breaks Bitcoin Market 
Overview At the time of writing, Bitcoin continues to trade at $85,938 
following a slight price gain of 1.15% in the past day. Meanwhile, the asset&#8217;s 
daily trading volume is down by 68.09% and valued at $40.75 billion. Amid 
Bitcoin&#8217;s price struggles, the US BTC Spot ETFs have also witnessed a 
similarly significant level of investor flight. According to data from 
SoSoValue, these investment funds have registered a total net outflow of 
$4.339 billion in the last four weeks. Featured image from Flickr, chart from 
Tradingview

Bitcoin Local Bottom To Fall Between These Two Levels – Analyst

Bitwise CIO Matt Hougan believes Ethereum could lead the next crypto rally, 
pointing to an upgrade catalyst that investors are overlooking. The Fusaka 
upgrade scheduled for December 3 may increase Ethereum&#8217;s revenue capture by 5 
to 10 times through a…

Cryptocurrency price in UAH