Lookonchain: Multiple indicators show that BTC has not yet reached the peak of the bull market

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Cointime2024/11/09 03:11

By:Cointime

Lookonchain posted on social media that based on indicators such as Rainbow Chart, Relative Strength Index (RSI), 200-week Moving Average Heat Map, Cumulative Value Days Destroyed (CVDD), and 2-Year MA Multiplier, although Bitcoin has reached a new all-time high, it has not yet reached the peak level of a bull market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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