Bitcoin (BTC) Gearing Up for Explosive Upside Move Amid Short-Term Bottoming Process, Says Swissblock
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Crypto analytics firm Swissblock is monitoring the Bitcoin Fundamental Index (BFI), which combines liquidity and network growth metrics, indicating a potential market bottom formation for Bitcoin. The analysis suggests the cryptocurrency might be preparing for an upside movement.
April 07, 2025 | 8:15 pm
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Swissblock's analysis of the Bitcoin Fundamental Index suggests a possible market bottom, indicating potential short-term price appreciation for Bitcoin.
The Bitcoin Fundamental Index combining liquidity and network growth metrics suggests a potential market bottom. This could signal an upcoming bullish trend for Bitcoin, with increasing likelihood of short-term price appreciation.
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