Historically accurate Bitcoin metric nears the next ‘potential’ price peak

Historically accurate Bitcoin metric nears the next ‘potential’ price peak
фото показано с : cointelegraph.com

2021-6-5 15:05

Exciting action for the historically accurate metric lays the foundation for a new cycle to a price peak.

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ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

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price metric accurate peak historically exciting action

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This Bitcoin Metric Shows Just How Far Away The Top Could Be

Bitcoin price is still more than 10% away from the highs set last month, and bulls have been struggling to regain the powerful momentum they had on the way up. However, while price action is feigning signs of being exhausted, blockchain data shows that growth in actual Bitcoin adoption is still on a steady, parabolic incline and is nowhere close to peak levels historically.

2021-3-5 19:40


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Analytics Firm: One On-Chain Metric is Flashing Warning Signs for Ethereum

Ethereum’s price action has been slightly underperforming that of Bitcoin as of late The cryptocurrency has remained stuck beneath its crucial resistance level at $380, which points to some weakness amongst buyers Until this level is surmounted and ETH can regain its foothold within the $400 region, it may remain somewhat technically weak One fundamental metric seems to indicate that ETH is also plagued by some underlying weakness is its daily active address count This […]

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