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It is useful to consider three characteristics of an unknown string: Does it have the expected length, encoding and prefix?

Prefix

Common addresses formats start with 1, 3, bc1p, bc1q

Common key formats start with 5, K, L, M, xpriv, xpub

Length

Addresses starting with 1 or 3 usually have length 49

Addresses starting with bc1 usually have length around 52

Keys starting with L usually have length around 62

Encoding

Bitcoin addresses and keys are often presented in Hexadecimal, Base58Check or Bech32 encodings. These can be distinguished from one another by the range of letters and other characters present

Encoding Characters Note
Hex 0123456789 plus ABCDEF or abcdef unmixed uppercase or lowercase only
Base64 0-9 plus A-Z plus a-z plus /+ The presence of + is an important clue. Often used as padding at end
Base58Check 123456789 plus A-N plus P-Z plus a-h plus jk plus m-z Never contains any of 0Oil
Bech32 0 2-9 plus b-h plus j-n plus p-z all lowercase omitting any of 1aio

References:

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Source: CurrencyRate
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