BTC started to give signals with buying patterns

Hello dear readers, let this post serve to share with all of you the behavior of the Bitcoin price action, specifically about some patterns that the price action has been showing that signal buy points.

According to information reported in multiple portals there are several on-chain metrics of the Bitcoin network that are emitting buy signals following this year's rally. Recall that Bitcoin has come out of its slumber to add a 37% gain since the beginning of 2023.

However, on-chain data continues to indicate that it could be a generational buying opportunity, while Bitcoin's entity-adjusted latency flow is a measure of the ratio of current market capitalization to annualized latency value.

As long as the latency value exceeds the market capitalization, the market can be considered to be in full capitulation, which has been a good historical buying zone.

Lower values, as is the case right now, indicate stress in mining and represent long-term buying opportunities, the metrics are all at levels similar to market cycle lows in 2015, 2018 and 2020.

Cointelegraph Six on-chain metrics suggesting Bitcoin is a ‘generational buying opportunity’. Link

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