A shift in new Bitcoin address momentum is sending a signal that the world's largest cryptocurrency might be in the beginnings of a new bull market, data from crypto analytics firm Glassnode reveals. According to Glassnode, the 30-Day Simple Moving Average (SMA) of New Addresses has now been above the 200-Day SMA since the start of November, despite the collapse of cryptocurrency exchange FTX early that month....
New Bitcoin Address Momentum Looking Bullish, What This Means For BTC Price
Crypto News - 19 Jan 2023 17:52
A shift in new Bitcoin address momentum is sending a signal that the world's largest cryptocurrency might be in the beginnings of a new bull market, data from crypto analytics firm Glassnode reveals. According to Glassnode, the 30-Day Simple Moving Average (SMA) of New Addresses has now been above the 200-Day SMA since the start of November, despite the collapse of cryptocurrency exchange FTX early that month....
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