Cointelegraph - Bitcoin's price is potentially bottoming out according to a key metric, but market volatility persists, urging investors to stay cautious

in blockchain •  5 months ago 

https://cointelegraph.com/news/bitcoin-metric-local-bottom-traders-sub-60k-btc-price
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Bitcoin's price is cooling down, signaling a potential third local bottom this year according to the NVT-GC metric.

While some traders anticipate further price drops, this indicator suggests a possible short-term price reversal.

Investors should remain vigilant as market conditions are volatile and predictions uncertain.

Beware of Bitcoin price volatility!!

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