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Analysts: The market may be at a temporary peak ahead of the US election

Analysis of Bitcoin on-chain data in this week's Copper Opening Bell report indicates that 98% of short-term holders of wallet addresses are now in a profitable position. Historically, when this percentage has risen significantly, investors have looked to lock in profits, so there has often been selling pressure. According to Copper analysts, this could indicate that the market is experiencing a temporary top ahead of the US election. Analysts also pointed out that, despite the large inflows of ...

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2024-10-23 17:51:43
The spread between the length of US bonds is inverted and approaching the 0 axis, sounding the alarm that the US economy may fall into recession; the bullish signal for gold is becoming more and more obvious, but investors need to... > >

The spread between the length of US bonds is inverted and approaching the 0 axis, sounding the alarm that the US economy may fall into recession; the bullish signal for gold is becoming more and more obvious, but investors need to... > >

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2024-08-29 02:50:30

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