https://ift.tt/3GjYx0o Indicator Suggests Bitcoin Could be Close to Bottoming Out

Blockchain Indicator Suggests Bitcoin Could be Close to Bottoming Out

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https://ift.tt/3I3dRPH historically reliable blockchain indicator suggests bitcoin maybe in the final stages of a bearish trend, having lost nearly 40% of its value in the past two months. The entity-adjusted dormancy flow, a ratio of cryptocurrency’s going market value to the annualized dollar value of coin dormancy, has dropped below $250,000. Dormancy refers to the […]

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