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Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics By Cointelegraph

Photo of Jake Jake Send an email January 29, 2023
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Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics

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© Reuters.

(BTC) remains firmly “bullish” at $23,000, according to new on-chain metrics from one of the industry’s best-known names.

In a preview on Jan. 28, market cyclist and on-chain analyst Cole Garner revealed what he said were “backtested and validated” Bitcoin trading tools.

annotated chart. Source: Cole Garner/ Twitter
BTC/USD annotated chart. Source: Cole Garner/ Twitter
Bitcoin net realized profit/ loss chart. Source: Glassnode
Bitcoin Hash Ribbons annotated chart. Source: Wakem Capital Management/ Twitter