On-Chain Indicator Suggests Bitcoin (BTC) Bottom Is Near With Fresh Accumulation Phase Underway: Analyst Benjamin Cowen

On-Chain Indicator Suggests Bitcoin (BTC) Bottom Is Near With Fresh Accumulation Phase Underway: Analyst Benjamin Cowen


The Daily Hodl
2022-06-23 07:04:51

Crypto analyst Benjamin Cowen says one on-chain indicator suggests Bitcoin (BTC) could be on the verge of entering an accumulation phase. Cowen tells his 754,000 YouTube subscribers the market value to real value Z-score (MVRV Z-score) has a “fairly decent track record” of identifying accumulation zones for Bitcoin. The MVRV Z-score compares an asset’s market […]The post On-Chain Indicator Suggests Bitcoin (BTC) Bottom Is Near With Fresh Accumulation Phase Underway: Analyst Benjamin Cowen appeared first on The Daily Hodl.