Bitcoin Supply Metric Prints First Buy Signal Since Late 2022 as Bear Market Deepens
Bitcoin's on-chain data just delivered a signal that has not fired since the depths of the 2022 bear market. The Advanced Net UTXO Supply Ratio, a metric tracked by CryptoQuant contributor Axel Adler Jr., flipped into buy territory in late June and early July for the first time in nearly four years.
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