Entity Adjusted Dormancy Flow News Today

Several technical and on-chain metrics suggest Bitcoin is approaching a market bottom following its recent drop to $20,800.

Supply crunch incoming? Bitcoin miners stop selling Bitcoin continues to consolidate in the high $50,000 area, meanwhile, its fundamentals are strengthening and seem to point towards a price breakout. Analyst Ali Martinez has shared data from Glassnode to predict the timing for a new BTC price rally. According to the analyst, when the cryptocurrency surpasses the 1 million threshold in the metric Entity-Adjusted Dormancy Flow, historically BTC “goes parabolic.” Despite Bitcoin’s nearly 1,...