{"id":213,"date":"2024-09-23T16:02:14","date_gmt":"2024-09-23T16:02:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=213"},"modified":"2024-09-23T16:02:14","modified_gmt":"2024-09-23T16:02:14","slug":"bitcoins-on-chain-metrics-are-turning-bullish-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=213","title":{"rendered":"Bitcoin&#8217;s On-Chain Metrics Are Turning Bullish: What Is Going On?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) on-chain data is showing key support levels that suggest a potential turning point for the cryptocurrency, indicating a positive outlook for the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40963556\/experts-predict-bitcoin-surge-to-65-000-as-crypto-market-remains-steady\">long-term trajectory of its price<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>According to <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/66f0e6b342286374a37c0916-Long-Term-On-Chain-Support-Levels-Signal-a-Positive-Outlook-for-Bitcoin?utm_source=telegram&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=avocado_onchain\">data<\/a> from <strong>CryptoQuant<\/strong>, several on-chain metrics have hit critical support points, historically marking the end of bear markets and the beginning of new bull runs.<\/p>\n<p>One of the most significant metrics is the 7-day Simple Moving Average (SMA) of the Fund Flow Ratio, which has rebounded after touching 0.05. <\/p>\n<p>Historically, this level has served as a crucial support line, where fund flow stops declining and begins to recover. <\/p>\n<p>The current rebound suggests that investors are returning to exchanges, a sign that often signals the conclusion of bear markets or halving events and ushers in &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40985125\/bitcoins-on-chain-metrics-are-turning-bullish-what-is-going-on\" alt=\"Bitcoin's\" on-chain metrics are turning bullish: what is going on>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8216;s (CRYPTO: BTC) on-chain data is showing key support levels that suggest a potential turning point for the cryptocurrency, indicating a positive outlook for the long-term trajectory of its price. What Happened: According to data from CryptoQuant, several on-chain metrics have hit critical support points, historically marking the end of bear markets and the beginning [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-213","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=213"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/213\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}