Bitcoin (BTC) must cost at least $39,000, says a new tool combining two of its most powerful metrics.
In a tweet on Thursday, analyst William Clemente presented the illiquid supply floor chart — and its findings are firmly bullish for BTC.
Bitcoin’s price floor rises and rises
With exchange reserves dwindling and major corporate buy-ins expected to be announced in the coming weeks, analysts are all but guaranteeing BTC price upside.
As Cointelegraph reported, long-term holders are now in…
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