Bitcoin 30-Day Average Returns Are Healthy Once Again... Time to Get More Optimistic?

👍 The average returns of Bitcoin wallets that have been active in the past 30 days now sits at a much more reasonable +4.2%.

📉 +5% or more on this metric is usually a strong indicator that a correction is near.
📈 -5% or less on this metric is usually a strong indicator that a bounce is near.

Look for the market cap of BTC to fluctuate in a more healthy manner now that enough retail traders have taken minor losses after buying at the late November top.

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