LBLOCK daily chart. Image: Coinmarketcap.com
Bitcoin before the price explosion?
Prices associated with on-chain demand from both speculative and hold category investors are now at oversold peaks.The last time this happened was in October 2020. The time before that was the bottom of the COVID crash.
Therefore, he suggests a bitcoin recovery. Even though the price may just be delayed to reflect this.
Last updated on February 4, 2022
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