Newsbenzinga
Bitcoin Flashes Rare Bottom Signal: Could $60,000 Be the Spot to Buy?
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Article summary
Ali Martinez says more than half of Bitcoin's circulating supply is now held at a loss,a rare on-chain signal that has historically appeared near major market bottoms. Meanwhile, Scott Melker argues bullish momentum, record whale accumulation and improving technical indicators suggest BTC may be in a high-conviction accumulation zone.
An excerpt from the original article.
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