🤔 $58,500 Best Price to Buy Bitcoin?
According to a CryptoQuant analyst, a popular Bitcoin indicator that traders use to assess the activity of miner sales, is approaching to a favorable level to buy Bitcoin.
💬 "The Puell index fluctuates between these two critical levels. If historical patterns converge, a bearish scenario where the index falls below 0.6 could once again signal a favorable buying opportunity for investors," CryptoQuant Grizzly's author explained in an analysis from August 31.