👀 Should we still buy bitcoins?
👀 #MarketDownturn # With Bitcoin at over $90,000, the price has posted a performance of around 30% since the beginning of November. If the month ended like this, it would be the second best monthly performance in 2024 (43.5% in February).
But should we still buy BTC?
➡️ The NVT Golden Cross is in an overheating zone (red) above 2.2: this zone is described by CryptoQuant as a potential local top zone. This is therefore not a buying opportunity in my opinion. The last opportunity according to this indicator was in September, when BTC was around $60,000.
