Bitcoin On-Chain Signals: Bitcoin Selling Pressure Is Only 1/6 of the Cycle Average, Model Indicates Accumulation Phase
Jinse Finance reported that on March 13, Bitcoin on-chain signals showed a sharp decrease in Bitcoin selling pressure, which is only 1/6 of the cycle average. However, the price continues to fluctuate within the $67,000–$72,000 range, and the model indicates an accumulation phase.
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