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Data: Bitcoin shows a bullish signal, Vector framework momentum indicator rises to 1
ME News Report, April 24 (UTC+8), Glassnode states that Bitcoin currently shows a bullish signal, with its Vector framework having triggered a clear signal. Among them, the momentum indicator is considered bullish when above 0.5 and bearish when below -0.5, and the current value is 1; at the same time, the risk index has been fully reset to 0. Glassnode says that from the blue shaded area in the chart, it can be seen that after this signal is triggered, the price has historically experienced significant upward movements and provides a reference for market downturns. (Source: ChainCatcher)