Analytics Company Claims Bitcoin Could Be Entering a Bear Market: Shares Three Key Scenarios

Analysis company Alpharactal made new statements about the future of Bitcoin in its statement. Here are the details.

Cryptocurrency analytics firm Alphractal has issued a cautionary assessment of Bitcoin’s status, suggesting that the world’s largest cryptocurrency may be entering a bear market phase.

In a recent statement, Alphractal noted that Bitcoin’s proprietary metric, the Spent Output Profit Ratio (SOPR) Trend Signal, has been important in determining market trends throughout its history.

Source - bitcoin sistemi

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