Today news
About the same in other media
Bitcoin hodlers 'only halfway' to selling BTC after new $500K price prediction
Reading now: 119
Bitcoin (BTC) investors will resist selling their coins a lot longer and the bull run will continue, new analysis believes.
In a Twitter debate on Oct. 28, data analyst Mitch Klee delivered fresh evidence that the current bull run is only 50% complete.
Using the Realized HODL Ratio (RHODL) indicator, created by popular analyst Philip Swift, Klee showed that Bitcoin is still far from the classic top signals it gave at the height of previous bull markets.
RHODL is based on the well-known HODL Waves tool, and its increasing size conforms to bull markets gathering pace — both then top out at once.
RHODL ratio shows seller exhaustion, and we are only halfway there," he said as part of Twitter comment
As Cointelegraph reported, RHODL is far from
Read more on cointelegraph.comAbout this in other media
Ken Griffin says Bitcoin will be replaced by Ethereum-based currency cointelegraph.com /3 years ago
Proshares Bitcoin futures fund in top 2% of all ETFs for volume cointelegraph.com /3 years ago
Apple CEO Owns Bitcoin Or Ethereum, Austrian Crypto Tax + More News cryptonews.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
