Bitcoin [BTC] maximalists are closely looking at these factors with $21k in sight
— Factors, Plan, Recent, Data, Optimism, Crypto, Maximalists, Bitcoin, Sight, Media — 1 min read
Bitcoin optimism has increased in recent weeks with renewed data reflecting the community’s hopes. Social metrics are seeing rampant surges as covered by analytics platforms. The maxis have taken to social media in the past weeks as the wait lingers on for BTC to reach $21k. In a recent report, it was observed that one out of every three asset discussions on social media is about Bitcoin. This metric reached a 13-month high last week along with a growing positive commentary for Bitcoin on social social media. The last time the BTC balance on exchanges was below 2.38 million BTC was in late July 2018 when Bitcoin was trading at around $8,000. The analysis covers the worst capitulation in the. past decade with the June capitulation topping the list. Source