Bitcoin eyes best weekly gains in 3 months as BTC price slips below $21K

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Bitcoin eyes best weekly gains in 3 months as BTC price slips below $21K
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This BTC weekly close may seal Bitcoin's best gains since March.

by commentator Murad over the weekend, Reserve Risk, which shows long-term holder sentiment, hit its lowest-ever levels at July's prices.

"Either this indicator is broken or we are in the high timeframe bottoming zone," he said in part of Twitter comments alongside data from on-chain analytics firm Glassnode.Reserve Risk, as Cointelegraph, has been rediscovering its green"buy" zone since March, this corresponding to optimal chances to invest with"outsized returns" as a result.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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