🚨 UPDATE: Bitcoin’s spot demand is on the verge of turning positive for the first time since February.
Historically, similar shifts have been bullish, with an 18.1% median gain over the following 60 days and a 78% win rate, according to CryptoQuant.
It’s not a guarantee that $BTC will rally, but it does suggest the underlying demand is improving and that could matter more than the day-to-day market noise.
#EthereumOpensGlamsterdamEarlyTestnet
Historically, similar shifts have been bullish, with an 18.1% median gain over the following 60 days and a 78% win rate, according to CryptoQuant.
It’s not a guarantee that $BTC will rally, but it does suggest the underlying demand is improving and that could matter more than the day-to-day market noise.
#EthereumOpensGlamsterdamEarlyTestnet