đđTwo Signals Flashed at once in Bitcoin, Bringing It 2x Last Time: It is in the Historical Bottom Zone! đđ
Santiment reported that a 132% bullish signal has been seen for Bitcoin (BTC) recently.
On-chain data and analysis platform Santiment, in its message shared on Twitter on July 8, stated that Bitcoin showed very strong upward signals after retreating to $ 55,400 levels.
Emphasizing that the average return of active investors last year was only 1.8%, Santiment explained that this level was the lowest level since Bitcoin was around $ 20,000 on March 11.
It was emphasized that both the 30-day and 365-day MVRV rates, which express the ratio between Bitcoin's market value and "realized value", are in the negative region.
Santiment stated that an investor who bought when this situation occurred in the past would make a profit of approximately 132%.
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