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

BTC

BTC/USDT

$79,629.85
-1.66%
24h Volume

$17,702,905,231.62

24h H/L

$81,708.32 / $79,181.48

Change: $2,526.84 (3.19%)

Long/Short
43.0%
Long: 43.0%Short: 57.0%
Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,445.43

-0.70%

Volume (24h): -

Resistance Levels
Resistance 3$82,085.03
Resistance 2$80,779.03
Resistance 1$79,560.37
Price$79,445.43
Support 1$78,219.27
Support 2$76,708.50
Support 3$73,828.20
Pivot (PP):$79,635.09
Trend:Uptrend
RSI (14):59.5
(07:38 AM UTC)
1 min read

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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.

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David Kim

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