Technical CRYPTO Analyst

#Bitcoin Update

We are still not close to the peak. If you think we have seen or will see the final pump in the next days or weeks, NO. We will go much higher. The Satoshimeter is 13 today, which is a midpoint.

Legend: The Satoshimeter leverages on-chain data to track Bitcoin market cycles. It has shown a strong correlation with key phases of the Bitcoin cycle. Values around 1.6 typically mark the low points of bear markets, as seen in years like 2011, 2015, 2019, and 2022. The Satoshimeter also has the potential to signal absolute market peaks. By analyzing on-chain metrics, this indicator provides valuable insights into Bitcoin's price movements. Developed

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www.tgoop.com/TechCryptoAnalyst/12527

59.3K viewsNov 30, 2024 at 13:18

#Bitcoin Update

We are still not close to the peak. If you think we have seen or will see the final pump in the next days or weeks, NO. We will go much higher. The Satoshimeter is 13 today, which is a midpoint.

Legend: The Satoshimeter leverages on-chain data to track Bitcoin market cycles. It has shown a strong correlation with key phases of the Bitcoin cycle. Values around 1.6 typically mark the low points of bear markets, as seen in years like 2011, 2015, 2019, and 2022. The Satoshimeter also has the potential to signal absolute market peaks. By analyzing on-chain metrics, this indicator provides valuable insights into Bitcoin's price movements. Developed

BY Technical CRYPTO Analyst