The post Bitcoin Price Shows Strength as BCMI Signals Early Accumulation Phase appeared first on Coinpedia Fintech News
A new update from crypto analyst Woominkyu highlights a sharp rebound in the Bitcoin Combined Market Index. This suggests that the Bitcoin market may be entering an early accumulation phase. With improving sentiment and reduced profit-taking, on-chain indicators are flashing a potential upside signal for Bitcoin investors. Here is what you should know. What is …