Crypto
Bitcoin supply indicator flashes first buy signal since 2022; will July rally follow
A bitcoin supply indicator has issued its first buy signal since November 2022, suggesting a possible approach to a 2026 bear-market low, Cointelegraph reported on July 3. CryptoQuant contributor Axel Adler Jr said the Advanced Net UTXO Supply Ratio rebounded after entering negative territory. He cautioned that the signal alone does not confirm a macro bottom and said confirmation requires the indicator staying above zero as prices rise.