đ¨ Rare Bitcoin Signal: Could BTC Surge by 10,000%? đ¨
According to AMBCrypto, Bitcoinâs chart is flashing super signalsâan ultra-rare event that has historically triggered massive rallies.
In both 2012 and 2016, this signal led to gains of 10,000% and 3,000% respectively. Now, with another super signal appearing in October 2023, could history repeat itself?
What makes these super signals special? They appear when trading volume dips in a bullish market, indicating that while sellers are drying up, buyers are accumulating, potentially setting the stage for a major rally.
Recent market activity:
BTC is up 5.96% in the last 7 days
Trading volume reached $42.62 billion
Open interest in options markets surged to $25 billion
71% of Bitcoin holders have been HODLing for over a year
12% of the total supply is now controlled by whales
With investor confidence on the rise and volume building, could we see Bitcoin break out and hit monumental heights again?
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