CryptoQuant CEO: Current Bitcoin address return level is at the mid-cycle "

Crypto 7x24

2024-11-08 16:15:13

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According to online reports, CryptoQuant CEO Ki Young Ju issued a document stating that a cyclical buy/sell signal for Bitcoin has been created by combining the basic cost indicators on the chain, which is triggered only 1-2 times per cycle. On-chain realization prices reveal the profitability of wallets. Current Bitcoin wallets show a return of +127%, which is typically-24% at cycle lows and 298% at cycle highs. Preset alerts can be created for long-term traders based on these cycles.

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