CryptoQuant CEO: Current Bitcoin address return level is in the mid-cycle
CryptoQuant CEO Ki Young Ju stated that by combining on-chain cost-based indicators, they have created periodic buy/sell signals for Bitcoin that only trigger 1-2 times per cycle. On-chain implementation prices reveal wallet profitability. Currently, Bitcoin wallets show a return of +127%, which is typically -24% at cycle lows and 298% at cycle highs. Long-term traders can create preset alerts based on these cycles.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Announcement on Bitget listing CSCOUSDT, PEPUSDT, ACNUSDT STOCK Index perpetual futures
Stock Futures Rush: Trade popular stock futures and share $250,000 in equivalent TSLA tokenized shares. Each user can get up to $8,000 TSLA.
Bitget margin trading to support BGB cross margin trading and loans
Bitget margin trading to support BGB cross margin trading and loans
Trending news
MoreCrypto prices
More
