Browsing Tag
CryptoQuant
1 post
CryptoQuant Warns This Metric Nears Critical Point, Bears Could Push BTC Below $40,000
Bitcoin approaches US$57K amid a market downturn, with the Fear & Greed Index solidly indicating fear, suggesting it may be a buying opportunity. CryptoQuant points to the NUPL metric nearing a critical point, historically a pivot for market downturns, potentially leading Bitcoin to fall to US$40K. Despite bearish signs, there’s room for recovery, while analysts
August 16, 2024