According to what was stated by CryptoQuant, the trend of Bitcoin’s price remains bullish, despite everything.
For the same reasons, Ethereum also appears to be still bullish.
The accumulation of Bitcoin: latest bullish signal
Everything starts from an analysis of the so-called accumulation addresses.
Growth Surge in #Bitcoin and #Ethereum Accumulation Addresses: What It Means for the Crypto Market
“This phenomenon indicates that even with Bitcoin and Ethereum experiencing price stability, investor sentiment remains bullish” – By @Crazzyblockk
Linkhttps://t.co/Tmmv9cIadl
— CryptoQuant.com (@cryptoquant_com) May 31, 2024
In the world of finance, the terms “bull” and “bear” are often used to describe market trends. A “bull” market is characterized by rising prices, while a “bear” market is marked by falling prices. Understanding these concepts is crucial for investors.
CryptoQuant publishes several charts on the trend of Bitcoin, and one of th
We współpracy z: https://en.cryptonomist.ch/2024/06/04/bitcoin-still-seems-bullish-despite-everything/
