Bitcoin’s Actual Cost Value Signals Accelerated Bull Run, Says Crypto Analyst PlanB

Cryptocurrency analyst PlanB, renowned for his tailored Bitcoin (BTC) models, has indicated a bullish expectation for the world’s leading cryptocurrency. He points to a specific indicator suggesting that Bitcoin is ready for an accelerated bull market. The Importance of June’s Closing Level According to the Analyst In his latest strategic session on YouTube, PlanB suggested that the realized cost price of Bitcoin – the average value of the supply moved at the last traded price – indicates a probable continuation of a more explicit bull market. The analyst noted that whenever the price surpasses the two-year realized cost value, it always signals significant upward movements. He stated: The most important thing we see is the Bitcoin price (red dots) exceeding the two-year realized cost price and already surpassing the realized cost price, and already surpassing the five-month short-term cost price. So now, this is something new. It has exceeded the […] The post Bitcoin’s Actual Cost Value Signals Accelerated Bull Run, Says Crypto Analyst PlanB appeared first on COINTURK NEWS.