Bitcoin Cyclical Buy/Sell Signal Revealed: Insights from CryptoQuant CEO Ki Young Ju

In a recent update from COINOTAG News on November 8th, Ki Young Ju, CEO of CryptoQuant, highlighted a significant development regarding Bitcoin trading strategies. He revealed the emergence of a cyclical buy/sell signal derived from an innovative combination of on-chain indicators. This approach has seen only 1-2 signals activate per cycle, emphasizing the method’s precision.

The on-chain realized price serves as a crucial metric to assess a wallet’s profitability, showcasing the current state of Bitcoin wallets at an impressive +127% return. Historically, this value fluctuates, averaging around -24% during cycle lows and reaching 298% at cycle highs. Such information proves invaluable for traders, especially those with long-term strategies, who can now establish predefined alerts to navigate these cyclical conditions effectively.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Michigan State Retirement Fund Invests $10 Million in Grayscale Ethereum Trust, Securing Major Stake

The Michigan State Retirement Fund has strategically positioned itself...

Grayscale Proposes Listing for Grayscale Digital Large Cap Fund (GDLC) as ETP with Bitcoin Dominating Holdings

On November 4, COINOTAG News reported that Grayscale has...

Fragmetric Completes Builder Round Financing to Enhance Solana Ecosystem Security and Liquidity

On November 4th, COINOTAG News reported that Fragmetric, a...

Vitalik Buterin Warns Against Exclusion of Russian Developers in Open Source Community

On November 4th, Vitalik Buterin, co-founder of Ethereum, took...

Bitcoin Volatility Soars Amid U.S. Election Impact on Crypto Markets

Bitcoin Volatility Surges as U.S. Election Heightens Stakes for...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img