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On-Chain Indicator at 10-Year Lows Could Trigger Bitcoin (BTC) Reversal: InvestAnswers

On-Chain Indicator at 10-Year Lows Could Trigger Bitcoin (BTC) Reversal: InvestAnswers

A popular crypto analyst is highlighting a key metric while assessing the future for Bitcoin (BTC) amid faltering markets. The anonymous host of InvestAnswers tells his 442,000 YouTube subscribers about the significance of Bitcoin’s dormancy flow, which measures the average number of days that coins have remained untouched. “This dormancy flow is kind of interesting […]

The post On-Chain Indicator at 10-Year Lows Could Trigger Bitcoin (BTC) Reversal: InvestAnswers appeared first on The Daily Hodl.

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme

Fidelity Macro Anlayst Says Bitcoin (BTC) ‘Attractively Valued’ At Current Price – Here’s Why

Fidelity Macro Anlayst Says Bitcoin (BTC) ‘Attractively Valued’ At Current Price – Here’s Why

A widely followed macro analyst from financial services giant Fidelity says Bitcoin has reached a price level that makes it “attractively valued.” Fidelity analyst Jurrien Timmer tells his 114,000 Twitter followers that he’s looking at the Bitcoin to gold ratio, which pins the price of both store-of-value assets against each other. “First up is the […]

The post Fidelity Macro Anlayst Says Bitcoin (BTC) ‘Attractively Valued’ At Current Price – Here’s Why appeared first on The Daily Hodl.

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme

Fidelity Macro Strategist Says Bitcoin Has Drawn a Major Line in the Sand at $40,000 – Here’s What It Means

Jurrien Timmer, a macro strategist at financial giant Fidelity, says that Bitcoin (BTC) may have found a new level of support that’s 33% higher than previously believed. In a thread to his 80,000 Twitter followers, Timmer says that a little-known metric called “dormancy flow” might be the key to pegging Bitcoin’s bottom at $40,000. “A […]

The post Fidelity Macro Strategist Says Bitcoin Has Drawn a Major Line in the Sand at $40,000 – Here’s What It Means appeared first on The Daily Hodl.

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme