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Bitcoin whales are the center of attention this week as buying and selling habits split the BTC price narrative.
New findings from on-chain analytics firm CryptoQuant show derivatives investors leading the way when it comes to bullish bets on Bitcoin.
“I think BTC is ready. Suddenly all of my favorite leading indicators are lining up long & strong.”
This is a 30 day WMA. Strong bullish trends in the metric have preceded every strong bullish price trend of this bull. And it just printed monster bull move.”
In other trending Bitcoin News today: Bitcoin To Flip Bullish Under One Key Circumstance, According to On-Chain Analyst Will Clemente!
“Bitcoin is below the short-term holder cost basis, which currently sits at $53,000. Until this is reclaimed, not bullish. Not saying I am a ‘giga bear,’ just cautious until the market shows me otherwise. Happy to flip bullish if reclaimed. Bearish confirmation would be a failed underside retest of the band.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes & Resources:
https://cointelegraph.com/news/only-10-of-bitcoin-supply-left-to-mine
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tron trx coin
➡️ [PODCAST PROMO] Get 250,000 CMDX Tokens from our sponsor (Valued at $25) For Free: The TRON (TRX) network showed statistics out of the ballpark in comparison to Ethereum and EOS. A study conducted by AnChain shows there is overwhelming bot…
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mike tyson
💰 BlockFi: (Up To $250 Bitcoin Bonus) A popular on-chain analyst believes that a Bitcoin rally is in the cards as BTC faces the possibility of a supply squeeze. Will Clemente says that a Bitcoin supply shock could ignite a significant BTC rise…
Episode 15
Episode 565