A quant has pointed out that a popular on-chain indicator for Bitcoin gives the asset the green light to experience bullish price action. Bitcoin Puell Multiple Has Observed A Plunge Recently As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Puell Multiple is currently in the “safe to buy zone.” The “Puell […]
Bitcoin on-chain data shows the so-called “accumulation addresses” have been buying large amounts of the cryptocurrency this month. Bitcoin Accumulation Addresses Have Seen Large Inflows Recently As analyst Ali pointed out in a new post on X, Bitcoin accumulation addresses have been observing inflows recently. The “accumulation addresses” here refer to the wallets of the […]
On-chain data shows the Bitcoin outflows from cryptocurrency exchange Coinbase have surged recently, a sign that could be bullish for BTC. Bitcoin Exchange Outflow For Coinbase Has Shot Up Recently As pointed out by an analyst in a CryptoQuant Quicktake post, there has appeared to be huge demand for the asset recently. The relevant indicator […]