Blockchain Indicator Suggests Bitcoin Could be Close to Bottoming Out

Blockchain Indicator Suggests Bitcoin Could be Close to Bottoming Out


The entity-adjusted dormancy flow, a ratio of cryptocurrency’s going market value to the annualized dollar value of coin dormancy, has dropped below $250,000. Dormancy refers to the average number of days each coin transacted remained dormant or unmoved – a gauge of market’s spending pattern.

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