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

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ME News, April 24 (UTC+8), Glassnode stated that Bitcoin is currently showing a bullish signal, as 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 completely reset to 0. Glassnode stated that, as can be seen from the blue shaded area in the chart, historically, after this signal is triggered, prices have corresponded to significant upward movements and provided a reference for avoidance during market declines. (Source: ChainCatcher)
BTC0.03%
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