@james25coburn9iu
Several on-chain indicators provide early signals of Bitcoin price reversals. The MVRV ratio, which compares market value to realized value, often highlights overbought or oversold conditions. Rising exchange outflows indicate accumulation and reduced selling pressure, signaling bullish potential. Conversely, spikes in inflows suggest upcoming selling. Whale wallet activity and the number of new active addresses are also critical; increases often precede upward reversals. Additionally, long-term holder supply rising while short-term holders capitulate can mark bottoms. When these metrics align with technical chart patterns, analysts interpret them as strong evidence of a pending reversal in Bitcoin’s trend.
0 reply
0 recast
0 reaction