Bitcoin Flashing Rare and Historically Bullish Signal, According to Analytics Firm – Here’s the Outlook

Description

Bitcoin ( BTC ) possesses more upside potential even as it sits just below the record high reached mid this month, according to crypto analytics platform Swissblock. The analytics platform says that while Bitcoin is hovering close to the all-time high, the risk posed to the crypto king by the broader economic trends and global financial conditions remains low. Swissblock says the low macro risk is a “rare and historically bullish” signal for the flagship crypto asset. According to Swissblock, th...