The Bitcoin metric that flipped green just before $50K BTC price bull run is back
Spent output profit ratio is heavily hinting that hodlers should buy the dip on BTC, analysts say.
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Spent output profit ratio is heavily hinting that hodlers should buy the dip on BTC, analysts say.
Bitcoin price forecasts differ hugely depending on the methodology used, but stock-to-flow creator PlanB favors his $100,000 average target.
Forecasts for the short term include a deeper dive towards $40,000 but also an imminent surge back above the $50,000 mark.
“Watch carefully, maybe take some profits or hedge a bit,” advises John Bollinger.
Weekly MACD delivered six-month gains of 450% the last time it flipped into bullish territory.
The "Bitcoin Bubble Index" is heavily hinting that another BTC price local peak will come this year.