Crypto para Analysis company Alphractal, the latest assessment of the Altcoin markets and Bitcoin correlation decreased again, he said.

The company thinks that this is a harbinger of historically major price movements and trend changes.

In his analysis, Alphractal said, “Bitcoin and Altcoin correlation fell again, a sign of this great fluctuation, ve and stated that past data decreases in Altcoin-bitcoin correlation often overlap with local peaks, strong rise reactions or increased volatility periods.

According to the analysis company, whales are again compared to retail investors. Bitcoin (BTC), Ethereum (ETH) and many subcoa began to take a short position. This tendency is observed compared to the ratio known as “whale etc individual investor ratio”. Alphractal reminded that this rate has risen before important market fluctuations.

On the other hand, according to the “Supply Age Bands” data that classifies the Bitcoin supply according to its age, the short-term investor supply (Short-Term Holders-STH), which represents BTCs taken in the last 3 months, is significantly decreasing. This indicates that investors have the interest of Bitcoin accumulation and purchase. Alphractal, this indicator is highly observed in the markets in the markets, while the price corrections were experienced at low times, he said.

*It is not an investment advice.

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Source: https://www.bitcoinsistemi.com/analiz-sirketi-sinyal-geldi-onumuzde-cok-buyuk-volalite-var-dedi-bitcoin-ve-altcoinlerde-neler-olabilecegini-tahmin-etti/



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