Bitcoin Accumulation on the Rise ๐๐ฅ
Glassnode's Accumulation Trend Score (ATS) has hit its maximum value of 1.0, signaling a significant shift towards accumulation in the #Bitcoin market. ๐
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๐๐ฎ This indicates that large-scale investors are actively buying up $BTC , suggesting a potential bullish trend. ๐๐คซ
It's worth noting that this metric has historically been a reliable indicator of market bottoms and the start of new accumulation phases. ๐ป๐
What do you think this means for #BTC 's price? Could we be seeing a reversal of the recent downtrend? DYOR! #LowestCPI2021 #MarketDownturn