Cryptocurrencies

Blockchain Data May Have Foreshadowed Monday’s Bitcoin Price Rally

April 26, 2021 — 02:42 pm EDT

Written by Damanick Dantes for CoinDesk->

Related: Young Koreans Turning to Crypto as Alternative for Creating Wealth

“Currently, SOPR is approaching the full reset mark, meaning price has either reached, or is very close to reaching, the bottom of the current correction. Any dips below 1 have historically been great buy opportunities.”

Bitcoin Magazine Research’s Will Clemente

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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CoinDesk
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Its mandate is to inform, educate and connect the global community as the authoritative daily news provider dedicated to chronicling the space. Founded in May 2013, CoinDesk reaches millions interested in blockchain technology through its website, social media, newsletters, podcasts and video. CoinDesk created the original reference rate known as the Bitcoin Price Index which is widely sourced in the media including The Wall Street Journal, Financial Times, CNBC and many others on a daily basis.
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