#Opinion
📈 #PlanB expects the price of #BTC to double in 3-5 months
As an argument, the well-known trader cites the bottom formation indicator on the #Bitcoin miners' revenue chart.
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As an argument, the well-known trader cites the bottom formation indicator on the #Bitcoin miners' revenue chart.
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#Opinion
🪙 Traders are holding their payouts from #MtGox
Analysts at #Glassnode claim in a new report that most investors who received compensations are continuing to hold their coins and are not moving them to the market.
This hypothesis is supported by the data on the spot cumulative volume delta (CVD), which the report's authors applied to two major exchanges receiving the funds.
The report also notes a steady demand for #BTC, indicated by fluctuations in the range of $66,000–$68,000 per #Bitcoin during the payout period.
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❤️ — If you will explain it yourself in the comments
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Analysts at #Glassnode claim in a new report that most investors who received compensations are continuing to hold their coins and are not moving them to the market.
This hypothesis is supported by the data on the spot cumulative volume delta (CVD), which the report's authors applied to two major exchanges receiving the funds.
The report also notes a steady demand for #BTC, indicated by fluctuations in the range of $66,000–$68,000 per #Bitcoin during the payout period.
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