Bitcoin Is Bottoming, And Smart Investors Are Already Earning 6.5% APY on Bitrue
The post Bitcoin Is Bottoming, And Smart Investors Are Already Earning 6.5% APY on Bitrue appeared on BitcoinEthereumNews.com. Bitrue Research Institute has identified a convergence of on-chain and technical indicators that have historically marked major cycle lows. For investors who understand the data, this is the accumulation window. And on Bitrue, new users can make that accumulation work harder, earning 6.5% APY on flexible BTC staking with no lock-up required. What the Data Is Saying Bitcoin has reclaimed its 200-week moving average, currently sitting near $62,700. This long-term support level has defined the boundary between bear and bull market conditions across every prior cycle. Its reclaim has consistently preceded powerful recoveries. Almost 50% of circulating Bitcoin supply is currently held at an unrealized loss, according to CryptoQuant data, with over 10 million BTC underwater during recent dips. Historically, readings at this level mark the deepest phases of capitulati