2022-3 Metrics Contradictory Crypto Investors Use to Know When to Buy Bitcoin via Cointelegraph


3 metrics paradoxical crypto investors use to know when to buy bitcoin

Saying to buy low and sell high is easier said than done, especially when emotions and volatile markets come into play. Historically, the best deals could be found when there was “blood in the streets,” but the risk of catching a falling knife usually kept most investors on the sidelines.

May was a particularly challenging month for cryptocurrency holders because (Bitcoin) to $26,782 and some analysts are now predicting BTC to be below $20,000 in the near term. At such times, the fear is that the opposition investor will seek to build positions in promising assets before the broader market regains its senses.

Index of Fear and Greed in Cryptography. Source: the alternative
Fear & Greed returns to BTC. Source: Jarvis Labs
Number of bitcoin addresses with a minimum balance of 10,000 BTC. Source: Glassnode
Number of bitcoin addresses with a minimum balance of 10,000 BTC. Source: Glassnode
Average cost of bitcoin mining. Source: MacroMicro
Average cost of bitcoin mining. Source: MacroMicro

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