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Tag Archives: coinmetrics

3 Charts Reveal Perfect Storm for Thunderous Bitcoin Rally

Bitcoin has had a volatile year and the clouds are gathering for stormy end to 2019. | Source: ShutterstockToo many people focus on bitcoin’s wild highs and fluctuating daily price. A better metric to look at is the monthly low points.By tracking the lows, you see the steady accumulation of bitcoin. This is the foundation of the market and it’s getting stronger.The chart below tracks the bitcoin price, overlayed with a red line marking the monthly low point. It’s a steady, upward curve of...

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