BTC "coin days destroyed" spiked. Volatility is coming.
One picture is better than 100 words
The last spike in this metric needs an attention. The metric represents "big movements of the old tokens".
We have previously registered 4 similar signals on Santiment plattform.
3 of them proved to be one of the best buying opportunity. 1 (the last) was a "sell signal".
It feels like we are experiencing "the weaker" copy of the "signal Nr. 3"m which took place on the 29-th of June.
The rise above 8800 is likely.
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from socialtrends!
Get 'early bird' alerts for new insights from this author