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Bitcoin indicator that nailed all bottoms predicts $15.6K BTC price floor

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Cryptocurrency 38 minutes ago (Jul 02, 2022 04:00PM ET)

Bitcoin indicator that nailed all bottoms predicts $15.6K BTC price floor Bitcoin indicator that nailed all bottoms predicts $15.6K 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.

Continue Reading on Coin Telegraph

Bitcoin indicator that nailed all bottoms predicts $15.6K BTC price floor

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