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Market Cap:
24h Vol:
Cryptocurrencies: 22505
Bitcoin Bitcoin Share: 59.67%
Markets: 90893
The Daily Hodl
2022-05-31 22:05:56

Bitcoin (BTC) Close to a Cycle Bottom Based on This Metric, According to Quant Analyst

Bitcoin (BTC) Close to a Cycle Bottom Based on This Metric, According to Quant Analyst

One metric indicates Bitcoin (BTC) is getting close to the end of its “cyclic bottom,” according to Ki Young Ju, chief executive of on-chain insights platform CryptoQuant. Unspent transaction output (UTXO) age bands are “a set of all active supplies that were last moved within a specified age band,” and they track the trading behavior of […]The post Bitcoin (BTC) Close to a Cycle Bottom Based on This Metric, According to Quant Analyst appeared first on The Daily Hodl.

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