There is an indicator that seems to be able to help determine some movements in the Bitcoin price in advance.
However, at the basis of this (inverted) correlation, there is no clear dynamic, but only a note that in the past it has already happened several times that a movement in one direction of this indicator is followed a few days later by a movement in the opposite direction of the Bitcoin price.
This, for example, also happened this week.
Therefore, monitoring this indicator does not allow us to be sure of the future movements of the Bitcoin price, but in some cases it can give some additional indications.
To learn about these indicators
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