Cryptocurrency News

This classic Bitcoin metric is flashing buy for first time since March 2020

2022.06.03 00:16

This classic Bitcoin metric is flashing buy for first time since March 2020
This classic Bitcoin metric is flashing buy for first time since March 2020

Bitcoin (BTC) bulls may only need a pair of simple moving averages (SMAs) to determine if the bottom is in this halving cycle.

In a Twitter (NYSE:TWTR) thread on June 2, Checkmate, lead on-chain analyst at crypto analytics firm Glassnode, flagged the Investor Tool metric hitting “buy the dip” territory.

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