Bitcoin is currently the 4th most oversold in its history according to dormancy flow.
Dollar-cost averaging more heavily into this area is probably the best approach for the long-term investor.
📉 #Bitcoin $BTC Number of Addresses Holding 10+ Coins just reached a 4-month low of 147,118
Previous 4-month low of 147,150 was observed on 24 January 2022
View metric:
https://t.co/0NzRiyaMuO