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Market Cap:
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Cryptocurrencies: 24647
Bitcoin Bitcoin Share: 63.97%
Markets: 101277
The Daily Hodl
2022-10-05 07:04:55

Bitcoin Accumulation Hits Seven-Year High, Flashing 2015 and 2019 Bottom Signal: Quant Analyst

Bitcoin Accumulation Hits Seven-Year High, Flashing 2015 and 2019 Bottom Signal: Quant Analyst

Bitcoin (BTC) is flashing a metric reminiscent of previous bear-market bottoms, according to Ki Young Ju, the chief executive of on-chain insights firm CryptoQuant. Ju notes on Twitter that BTC’s accumulation level has reached a seven-year high. “Over 6-month-old Bitcoins now take 74% of the realized cap. It was 70%, and 77% at the last […]The post Bitcoin Accumulation Hits Seven-Year High, Flashing 2015 and 2019 Bottom Signal: Quant Analyst appeared first on The Daily Hodl.

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