Source: TheMerkle.com
Bitcoin, the world’s leading cryptocurrency, has seen a significant resurgence in its market value, climbing back up to $59.3K after a period of volatility. This surge is accompanied by an intriguing indicator: 84.4% of the network’s available supply is now in profit, marking its lowest level in two months.
Traditionally, such dips in this ratio tend to signal more favorable conditions for bullish activity.
🤑 #Bitcoin's market value has rebounded
Read More https://themerkle.com/bitcoin-market-rebounds-signals-point-to-potential-bullish-trend/
The post "Bitcoin Market Rebounds: Signals Point To Potential Bullish Trend" appeared first here TheMerkle.com.
Source: TheMerkle.com