Cryptocurrency News

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

06/03/2022

Less than a minute

2022.06.03 00:16

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.

06/03/2022

Less than a minute

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