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Bitcoin Price Flashes a Hidden Uptrend Signal Amid One 96% Problem

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Bitcoin Price Flashes a Hidden Uptrend Signal Amid One 96% Problem

Bitcoin (BTC) price trades near $82,300, still up about 28% over three months after this week’s drop. A hidden momentum signal on the daily chart suggests the uptrend can survive. The catch is that buying from long-term holders has dropped 96%. A Hidden Signal Says the Uptrend Is Still Alive Between September 2 and October The post Bitcoin Price Flashes a Hidden Uptrend Signal Amid One 96% Problem appeared first on BeInCrypto.

Key Takeaways

  1. Bitcoin (BTC) price trades near $82,300, still up about 28% over three months after this week’s drop.
  2. A hidden momentum signal on the daily chart suggests the uptrend can survive.
  3. The catch is that buying from long-term holders has dropped 96%.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.