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BTC "coin days destroyed" spiked. Volatility is coming.

@socialtrends
1 min read
15.10.2019
BTC

One picture is better than 100 words


Token Age Consumed (aka "Coin Days Destroyed") for BTC

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.

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Featured in this Insight

Bitcoin BTC

$ 118195.94
-0.3806%
in last 7d

Grayscale BTC ETF mini BTC

N/A
0%
in last 7d
BTC

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