$BTC
Exciting news!
Will Bitcoin rise even more?
Three magical indicators reveal the truth!
The big shot in asset management, VanEck, recently released a report saying that this round of Bitcoin rebound may just be beginning!
They analyzed three super key indicators, let’s take a look together!
The first indicator is called the perpetual futures funding rate. Did you know? Since November 12, this thing has been above 10%! What does that mean? The bullish momentum is incredibly strong!
Now let’s take a look at the second indicator, the 30-day moving average relative unrealized profit level. It is currently around 0.54, this number usually tells us that the market may still have a while to reach its peak!
Finally, there’s another indicator, which is the search term popularity. Guess what? The current search popularity is only 34% of what it was in May 2021! What does that mean? The speculative frenzy hasn’t started to spread yet! So, if retail investors join in, Bitcoin definitely has more room to rise!
What do you think? After hearing about these three indicators, are you also filled with anticipation for Bitcoin’s future? However, remember that investment comes with risks, and be cautious when entering the market!
Follow me, check the homepage, I share the latest high-quality market information every day to help you get rich without losing your way!
