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Bitcoinist
2019-02-05 16:00:48

3 Charts Suggesting Bitcoin Price May Be Bottoming

In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since 2017. BTC/USD has officially endured the longest bear market in its history. Its fall from all-time highs of $20,000 inRead MoreThe post 3 Charts Suggesting Bitcoin Price May Be Bottoming appeared first on Bitcoinist.com.