New “Buy-The-Dip” Signal Emerges On Bitcoin’s Chart, Boosts Bullish Momentum

- Bitcoin (BTC) hits new ATH this week, showing strong bullish sentiment
- Cryptoquant reports BTC reclaimed its Short-Term Holder Average Cost Basis, a key “buy-the-dip” sign
- Analysts now see Bitcoin’s old ATH around $109K as fresh support, expecting this new rally phase to run
Bitcoin achieved a new milestone this week by reaching a new all-time high. The cryptocurrency’s latest upsurge boosted its renewed bullish sentiment and has opened a new frontier that could push the crypto’s price towards much higher prices.
Data from the onchain data analysis provider, Cryptoquant, shows that Bitcoin is rallying after reclaiming the Short-Term Holder Average Cost basis. According to Cryptoquant, the cryptocurrency’s current level is crucial and represents a significant buy-the-dip indicator during bull markets.
Cryptoquant: Bi…
The post New “Buy-The-Dip” Signal Emerges On Bitcoin’s Chart, Boosts Bullish Momentum appeared first on Coin Edition.
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Bitcoin Sinks Below $109K After Trump Pushes 50% EU Tariff
New “Buy-The-Dip” Signal Emerges On Bitcoin’s Chart, Boosts Bullish Momentum

- Bitcoin (BTC) hits new ATH this week, showing strong bullish sentiment
- Cryptoquant reports BTC reclaimed its Short-Term Holder Average Cost Basis, a key “buy-the-dip” sign
- Analysts now see Bitcoin’s old ATH around $109K as fresh support, expecting this new rally phase to run
Bitcoin achieved a new milestone this week by reaching a new all-time high. The cryptocurrency’s latest upsurge boosted its renewed bullish sentiment and has opened a new frontier that could push the crypto’s price towards much higher prices.
Data from the onchain data analysis provider, Cryptoquant, shows that Bitcoin is rallying after reclaiming the Short-Term Holder Average Cost basis. According to Cryptoquant, the cryptocurrency’s current level is crucial and represents a significant buy-the-dip indicator during bull markets.
Cryptoquant: Bi…
The post New “Buy-The-Dip” Signal Emerges On Bitcoin’s Chart, Boosts Bullish Momentum appeared first on Coin Edition.
Read More
