Crypto
Bitcoin \'1900 percent rally\' precursor signal reappears, similar to 2018 oversold zone
Bitcoin’s short-term holder stress indicator has dropped to its lowest level since after the 2018 bear market, prompting suggestions the market may be close to a macro bottom. Cointelegraph, citing Checkonchain data, said the STH Bollinger Bands metric entered its deepest oversold zone in about eight years. Past instances preceded large rebounds. Some see selling pressure largely exhausted, while Wells Fargo flagged possible liquidity support from expanded U.S. tax refunds.
