Popular analyst Will Clemente believes that Bitcoin could trend higher in the coming months as on-chain data flash bullish signals.
The prominent on-chain strategist tells his 209,100 followers that he’s closely watching Bitcoin’s illiquid supply relevant strength indicator (RSI). The indicator follows the momentum of Bitcoin accumulation by running the 365-day stochastic RSI over the 30-day net change of BTC illiquid supply.
“This wave of Bitcoin supply shock has the most…
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