Bitcoin Bitcoin
29,533.9+1.9 (+0.01%)
09:00:07 – Real-time Data
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Technical Summary
5 Min:Strong Sell
Hourly:Strong Sell
Daily:Strong Sell
Monthly:Sell
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(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.
Bitcoin Investor Tool chart. Source: Glassnode