Data Analyst: 3 Key Metrics Show the Start of a New Bitcoin Bull Trend
Three metrics show a bull trend is brewing, according to CryptoQuant CEO, as fewer investors are seemingly compelled to sell BTC. According to Ki Young-Ju, the CEO of market research firm CryptoQuant, three key on-chain indicators are currently signaling a Bitcoin (BTC) price uptrend. Metrics that hint at a bull market are less selling pressure from miners, low exchange inflows and declining exchange reserves. On July 20 Ki noted: “On-chain Indicators Status: BUY.
Coin Telegraph - 22nd Jul 13:07