The “Whales Supply Shock” metric has been pretty accurate in detecting Bitcoin market tops.
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The “Whales Supply Shock” metric has been pretty accurate in detecting Bitcoin market tops.
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The popular prediction model has been remarkably accurate in the past when it comes to forecasting Bitcoin’s bearish and bullish cycles against its rising scarcity.
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The bullish analogy appears as Bitcoin reserves across all the crypto exchanges fall to their lowest in the previous 12 months, suggesting holding sentiment among traders.
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An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again.
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