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Bitcoin Poised for ‘Bull Run’ Based on Key Metrics

A number of key indicators suggest Bitcoin’s value may run much like it did during 2017. So reports Cointelegraph.

bitcoin 3089728 640 smallBased on “social sentiment data, strengthening fundamentals and on-chain analysis,” the digital asset was already up nearly 7% in the week of Monday, Oct. 5 to Monday, Oct. 12.

Data from TheTie, which measures social media sentiment, shows Bitcoin recently reached a score of 62.4, according to the October 14th article. Anything over 50 implies positive sentiment. Profit taking and regulatory crackdowns, though, could derail a bull run.

Read the full article from Cointelegraph.

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