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Bitcoin indicator predicts 15 K BTC price floor

2022.07.03 21:06

Bitcoin indicator predicts 15 K BTC price floor
Bitcoin indicator predicts 15 K BTC price floor

Bitcoin (BTC) needs to go lower before putting in a macro bottom, one of the market’s most accurate indicators shows.

Data from sources including on-chain analytics firm Glassnode shows Bitcoin’s MVRV-Z Score is almost — but not quite — signaling a price reversal.

 

Bitcoin indicator predicts 15 K BTC price floor

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