Darkfost said Bitcoin’s current valuation signal falls within a band seen during 3.4% of the asset’s history.
Darkfost said profits had dominated the market a few weeks earlier. Fear spread after Bitcoin fell below key levels, he said.
Digital Currency
Add as a preferred source on GoogleDarkfost Says Bitcoin’s Valuation Signal Is Rare Across Its History
He put the signal’s historical frequency at 3.4% and said fear followed Bitcoin’s fall below key levels, weeks after profits dominated market conditions.
Updated 1 min read
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