Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However,is still signaling it could be a “generational buying opportunity” according to analysts.
The first metric is an accumulation trend score highlighting zones of heavy accumulation in terms of entity size and the number of coins bought. The Bitcoin entity-adjusted dormancy flow is a measure of the ratio of the current market capitalization and the annualized dormancy value.
Yeah, nothing says 'buy now' like a bunch of technical jargon.
Wow, so I just have to trust the word of analysts and I'm sure to make a fortune!
Bullish?
Time to SELL
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