Bitcoin metric with ‘100% long hit rate’ predicts $23K BTC price floor

Bitcoin metric with ‘100% long hit rate’ predicts $23K BTC price floor
фото показано с : cointelegraph.com

2023-8-29 16:46

Bitcoin chart signals are pointing to an incoming macro bottom level, according to a BTC price metric with a flawless history.

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Bitcoin (BTC) на Currencies.ru

$ 87607.02 (-0.17%)
Объем 24H $14.05b
Изменеия 24h: 0.15 %, 7d: -0.52 %
Cегодня L: $87491.32 - H: $87930.97
Капитализация $1749.369b Rank 1
Цена в час новости $ 27421.31 (219.49%)

bitcoin price btc metric chart pointing signals

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Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences.

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