⚡ 21Shares recorded the historically lowest level of selling pressure on Bitcoin
• The Seller Exhaustion Constant fell to approximately 0.007, entering the 0.3% lowest readings since 2010
• Across the entire history of Bitcoin, such low values were recorded only 11 times
• One year after these signals, Bitcoin’s median growth was +155%
• The signal does not mean the bottom has already been reached. Historically, after similar readings, Bitcoin could still fall for some time before reversing
On the chart, it can be seen that the yellow line (the seller pressure indicator) is currently at its lowest point in many years. Meanwhile, similar dips in the past (2015, 2019, 2022–2023) each time preceded the next wave of growth in the blue line representing Bitcoin’s price.
#SamsungToAnnounceNewShareholderReturnPlanFriday
• The Seller Exhaustion Constant fell to approximately 0.007, entering the 0.3% lowest readings since 2010
• Across the entire history of Bitcoin, such low values were recorded only 11 times
• One year after these signals, Bitcoin’s median growth was +155%
• The signal does not mean the bottom has already been reached. Historically, after similar readings, Bitcoin could still fall for some time before reversing
On the chart, it can be seen that the yellow line (the seller pressure indicator) is currently at its lowest point in many years. Meanwhile, similar dips in the past (2015, 2019, 2022–2023) each time preceded the next wave of growth in the blue line representing Bitcoin’s price.
#SamsungToAnnounceNewShareholderReturnPlanFriday