Different this time? 'Almost all' Bitcoin metrics are now hinting at a price bot

[Markuri33]

Current BTC price levels are being keenly eyed as a prime site for a macro Bitcoin price trend reversal."In the past, Bitcoin has been a steal under its realized price, i.e., aggregate cost basis of all coins in supply. The realized price is currently sitting at around $22,500," popular trading account Game of Trades added.

While few expected a clear bullish trend to emerge, long-term perspectives also placed importance on current price levels.

Among them was John Bollinger, creator of the Bollinger bands volatility indicator, who in a fresh take on BTC/USD flagged the culmination of a trend years in the making.

The next move, he suggested, could well be higher after a "picture perfect" double top pattern on Bitcoin in 2021.more