Warning Sign Points to More Downside
Explore the provided link to achieve a steady profit in Binance futures trading: https://telegram.me/btctradingclub
One Last Drop? This Bitcoin (BTC) Metric Signals More Pain Ahead
Bitcoin has enjoyed a brief respite this week after climbing back up above $72,000. But weak demand and investor exits could push the crypto asset lower.
Joao Wedson, founder of Alphractal, flagged an on-chain signal that indicates that the asset may still face one final price decline before establishing a cycle bottom.
Final Shakeout
His analysis, which is based on insights generated by Alpha AI, focuses on the relationship between Investor Price and the Long-Term Holder (LTH) Realized Price. According to the findings, when the Investor Price drops below the LTH Realized Price, it marks a structurally significant change in market trends, particularly in terms of who is defining the aggregate cost basis of Bitcoin holders.
Trading on #Binance is highly lucrative, and traders worldwide recognize its potential.
Join our Binance Group to be part of the top Binance Trading community, just like numerous other traders.
Come and join our Binance Group and profit with the Binance Futures BOT.
Comments
Post a Comment