#anchoring

[ follow ]
Coindesk
9 months ago
Cryptocurrency

Bitcoin's Bull Run Has Plenty of Steam Left, These Indicators Suggest

Cognitive biases like anchoring may cause some investors to anticipate a price slide in Bitcoin after its 150% rally this year.
Indicators like Puell Multiple, MVRV Z-Score, and Mayer Multiple suggest that Bitcoin is not overvalued and could continue to rally in 2024. [ more ]
[ Load more ]