What Does Bitcoin’s 3.9 Holder Ratio Tell Us About the Market Right Now?
Share:
Bitcoin dipped below $63,000 ahead of the FOMC meeting but has recovered more than $1,000 since, showing short-term price resilience. On-chain analyst Joao Wedson reports data suggesting BTC is approaching a historically significant accumulation zone, a crypto on-chain signal that could presage renewed buying pressure and influence DeFi, DEX and CEX flows.
Predictions Markets
See what traders are focused on
Bitcoin dipped below $63,000 yesterday ahead of the FOMC meeting today but has recovered well over a grand since then.
Prominent analyst Joao Wedson identified on-chain data that suggests BTC is nearing a historically significant accumulation zone.
In This News
Coins
$ 64.28K
+1.40%
$ 0.00173
+10.1%Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 64.28K
+1.40%$ 0.00173
+10.1%Predictions Markets
See what traders are focused on
Share:
Read More
The Most Unpredictable FOMC Meeting in Years Is Here: What Bitcoin Investors Should Know
