Crypto VC mulls whether market is 'near the bottom' – Cointelegraph
Crypto venture capitalist said the market could be approaching the local bottom, citing the market's expanded negative funding rate and widespread bearish sentiment. “I might be early, but we feel like we're near the bottom,” said Felix Hartman, founder of Hartman's capital, on February 8th. post. Funding rate and sentiment are two major indicators Hartmann […]
Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price – TradingView
Bitcoin BTCUSD With major BTC price indicators seeing room for growth, it suggests a third “local bottom” could occur in 2024. The latest research published by on-chain analytics platform CryptoQuant on August 8th shows bullish indications from the network value-to-transaction golden cross (NVT-GC) tool. BTC price is “overly depressed” Bitcoin is at risk of collapsing […]