CryptoQuant Analyst: Demand Indicators Show Dormant Funds Flowing Back into Bitcoin
View original
Odaily reports that CryptoQuant analyst IT Tech stated that the apparent demand indicators show a significant rebound in buying interest for Bitcoin. This strong rebound from extreme negative values (below 200,000 Bitcoins) indicates that previously dormant funds are flowing back in.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$94,294.98
-0.69%
Ethereum
ETH
$1,800.02
+0.51%
Tether USDt
USDT
$1
-0.03%
XRP
XRP
$2.2
+0.23%
BNB
BNB
$608.83
+0.70%
Solana
SOL
$149.12
-2.08%
USDC
USDC
$1
+0.01%
Dogecoin
DOGE
$0.1819
+0.14%
Cardano
ADA
$0.7082
-1.16%
TRON
TRX
$0.2517
+3.31%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now