The post Bitcoin Price Could Be Near a Major Bottom, Historic Metrics Suggest appeared first on Coinpedia Fintech News
Bitcoin price could be approaching a major market bottom as multiple on-chain indicators begin flashing signals that have historically appeared near previous cycle lows. After months of sustained selling pressure and a sharp decline from yearly highs, BTC has started stabilizing near the critical $60,000 support zone. Although short-term sentiment remains cautious, long-term data paints …