Bitcoin ‘risk off’ signals fire despite traders’ view that sub-$100K BTC is a discount
Bitcoin (BTC) may be holding above $90,000, but data implied that its price is still flashing a significant risk-off signal. CryptoQuant’s multi-metric risk-off oscillator remained near the “High-Risk” zone, a level that historically precedes corrections and diminishes the probability of a sustained bullish trend. Key takeaways: Bitcoin’s risk-off signal was positioned near “High-Risk” territory, which...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0