Quantitative Analyst Plan B Says Bitcoin’s ‘Weak Hands’ Indicator Is Flashing – Here’s What It Means for Crypto Markets

Quantitative Analyst Plan B Says Bitcoin’s ‘Weak Hands’ Indicator Is Flashing – Here’s What It Means for Crypto Markets


The Daily Hodl
2022-09-02 19:00:56

Quantitative crypto analyst Plan B says that Bitcoin (BTC) is now trading below the realized price and the 200-week moving average, an indicator that tells if the top coin is in a bull or bear market. This is only the eighth time that the cryptocurrency breached the historical level since its inception. Plan B tells […]The post Quantitative Analyst Plan B Says Bitcoin’s ‘Weak Hands’ Indicator Is Flashing – Here’s What It Means for Crypto Markets appeared first on The Daily Hodl.