Data: Bitcoin shows bullish signal, Vector framework momentum indicator rises to 1

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ME News message, April 24 (UTC+8), Glassnode stated that Bitcoin is currently showing a bullish signal, and its Vector framework has triggered a clear signal. Among them, the momentum indicator is considered bullish when above 0.5 and bearish when below -0.5, while the current value is 1; at the same time, the risk index has been completely reset to 0. Glassnode said that, as can be seen from the blue shaded area in the chart, historically, after this signal is triggered, prices have generally corresponded to a relatively large upward trend, and it provides a reference for avoiding losses during market downturns. (Source: ChainCatcher)
BTC-0.41%
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