NEW: "Bitcoin is not currently overvalued based on network fundamentals.
Thermo Cap, the cumulative value of all BTC mined so far, represents the total investment cost in the network. A higher Thermo Cap = stronger network fundamentals," says CryptoQuant CEO Ki Young Ju. #Bitcoinâ #bitcoinâď¸ #BTCâ
Bitcoin is currently forming a bullish reversal pattern known as an inverse head and shoulders. This pattern indicates a potential shift in momentum, with the price likely to move upwards. The key now lies in the completion of the right shoulder and a breakout above the neckline. If this occurs, it could signal a significant surge in Bitcoin's price.
The price of #ORBS is in the best position to start a big rally.
The important support and demand level of $0.03260-0.03000 can support the price well this time.đ
It seems that the price correction process has ended and has slowed down, and now is the time to start the upward trend. The price is almost on the floor.
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