Real Vision analyst Jamie Coutts believes that the stage is being set for a crypto bull market, as various indicators turn bullish. He notes that nearly every metric he uses to measure the health of the Bitcoin market cycle is no longer in "overheated" territory, indicating positive prospects for BTC. The recent sell-off was driven by excess leverage in the derivatives market, but that overhang has now cleared. Coutts also mentions that Solana (SOL) is leading the smart contract platform race and could potentially break out in its USD and BTC pairs.
- Content Editor ( dailyhodl.com )
- 2024-11-04
‘The Stage Is Set’ – Real Vision Analyst Jamie Coutts Says Several Metrics Flashing Green for Bitcoin