Bitcoin plunge a good omen

Yes, really. Check it out…

Dear Reader, What in the world is going on with bitcoin? The king of crypto is having a nightmare quarter.  Trading volume has hit the lowest level since 2021. Just today, the crypto of all cryptos took a nosedive off a cliff. Some industry insiders are panicking.  Others think it's a good omen. Like Mikeybull Crypto who says… "This indicates massive incoming volatility that will skyrocket $BTC to a new level." Ahhh, yes… volatility.  That sweet implication of price action that leads to gains.  Will we ever see it again considering the current lackluster market? Yes. On-chain data shows bitcoin is facing a "big bull move." Because stablecoin buying power is finally returning.  We also know that bitcoin is in a "peak accumulation" mode. CryptoQuant's stablecoins ratio metric says so.  Which, according to analyst Cole Garner means… "Bitfinex Bitcoin to stables ratio blows up in advance of every big bull move. A major leading indicator."  Nice… A big move is right around the corner. For bitcoin. If you don't want to wait… Then you might want to check out Cointelegraph Markets Pro. We find double-digit moving altcoins almost every single day.  Regards, Russell DeCorte Director Markets Pro © 2023 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2023 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.