CryptoQuant CEO: The current level of bitcoin address returns is at the midpoint of the cycle
2024-11-08 07:26:09
CryptoQuant CEO Ki Young Ju posted that Bitcoin cyclical buy/sell signals are created by combining on-chain cost base indicators, which are triggered only 1-2 times per cycle. The on-chain realized price reveals the profitability of the wallet. While the current Bitcoin wallet shows + 127% return, this value is usually -24% at cycle lows and 298% at cycle highs. Preset alerts can be created for long-term traders based on these cycles.
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