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2 Bitcoin price indicators suggest BTC has not bottomed yet By Cointelegraph

2 Bitcoin price indicators suggest BTC has not bottomed yet

Traders are utilizing varied methods to find out whether or not price has bottomed, however on-chain exercise and derivatives knowledge trace that the scenario stays precarious.

Has Bitcoin price bottomed yet? According to @noshitcoins, derivatives and on-chain knowledge sign that additional draw back may very well be in retailer.

Bitcoin 30-day choices 25% delta skew. Source: laevitas.ch
Active provide that transacted a minimum of as soon as within the trailing 30 days. Source: CoinMetrics