NEW: "Bitcoin is not currently overvalued based on network fundamentals.
Thermo Cap, the cumulative value of all BTC mined so far, represents the total investment cost in the network. A higher Thermo Cap = stronger network fundamentals," says CryptoQuant CEO Ki Young Ju. #Bitcoin❗ #bitcoin☀️ #BTC☀
Bitcoin is currently forming a bullish reversal pattern known as an inverse head and shoulders. This pattern indicates a potential shift in momentum, with the price likely to move upwards. The key now lies in the completion of the right shoulder and a breakout above the neckline. If this occurs, it could signal a significant surge in Bitcoin's price.
The price of #ORBS is in the best position to start a big rally.
The important support and demand level of $0.03260-0.03000 can support the price well this time.🚀
It seems that the price correction process has ended and has slowed down, and now is the time to start the upward trend. The price is almost on the floor.