A quant has pointed out that a popular on-chain indicator for Bitcoin gives the asset the green light to experience bullish price action.

Bitcoin on-chain data shows the so-called “accumulation addresses” have been buying large amounts of the cryptocurrency this month.

On-chain data shows the Bitcoin inflows going towards “accumulation wallets” have hit a new all-time high, a sign that could be bullish for the ass

On-chain data shows the Bitcoin outflows from cryptocurrency exchange Coinbase have surged recently, a sign that could be bullish for BTC.

On-chain data shows the Bitcoin HODLers have continued to accumulate recently as they expand their holdings at a rate of 194,500 BTC per month.

On-chain data shows the Bitcoin exchange netflow has registered a negative spike recently, a sign that may be bullish for the price.

Data shows the Bitcoin average transaction count has risen to the highest level since April 2021, indicating that the asset’s price could be bullis

On-chain data shows large Bitcoin whales have finally started accumulating in the last 10 days as BTC has rallied strong.

On-chain data shows the Bitcoin exchange whale ratio has continued to decline recently, a sign that may prove to be bullish for the crypto’s price.

Bitcoin on-chain data shows a total of 48k BTC have been withdrawn from crypto exchange Coinbase’s wallets during the past day, a sign that could b