If this is true, Bitcoin will soon exit the bear market

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

TrueUSD’s market cap has been on the rise, which historically was followed by hikes in BTC’s price. Metrics also pointed at a possible market bottom.

Also, the low NVT Signal suggested a possible market bottom, indicating that this was the right time to accumulate Bitcoin. In fact, whales have already started accumulating, a sign that they were expecting the coin’s price to surge in coming days.added about 11,629 coins to their existing supply since the crash on 17 August.

Not only the aforementioned updates, but several other metrics also supported the possibility of a price uptick. For instance, BTC’s exchange reserve decreased. BTC’s aSORP was green as well.This meant that more investors were selling at a loss. However, in the middle of a bear market, it can indicate a market bottom.inary CDD was green, suggesting that long-term holders’ movements in the last seven days were lower than average.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 22. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Bitcoin Miners’ Stock Market Lifeline Becomes Irritant to ShareholdersThe equity lifeline used by many Bitcoin miners to help weather the most recent crypto winter is beginning to irk some shareholders.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »