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📊 New bullish signal for Bitcoin!
🔍 The price of Bitcoin has been hovering around $80,000 for several days now, but an on-chain indicator has just recorded a bullish signal!
This is the AASI (Active Address Sentiment Indicator)...
The AASI is an indicator that measures market sentiment by comparing two elements over 28 days:
🔜 the price evolution of Bitcoin (orange)
🔜the evolution of the number of active addresses (gris)
🔍 By analyzing these variations, the indicator allows to identify periods of divergences between the price and network usage.
👀 Returning to the lower bound (green), the AASI has just sent a new bullish signal, and the last ones were quite interesting!