Bitcoin experienced a rise last week but continues to trade within a broad range. TLDR analyst “ELI5” shared an X post. On-chain data indicators suggest that five out of seven signals indicate a new bull market, while two point to a peak formation.
Bitcoin Price Outlook
Bitcoin’s recent bounce from the psychological support level of $60,000 may have triggered buying interest in spot Bitcoin exchange-traded funds. Data from Farside Investors shows an in...