Worth noting -the Z-Score at 0.76 is still historically cheap. Previous cycle bottoms saw it go negative. Historically, BTC price tags & goes below the realised price. But the floor could raise this cycle as institutional demand holds the market steady👀 I’m still bearish🤷🏻‍♀️

BTC0.01%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned