Indicators Suggest Bitcoin’s $108K Price Marked Local Bottom
Recent market data points to Bitcoin’s (BTC) price of $108,650 as a potential local bottom, as three key indicators signal a possible recovery movement. Following its recent lows, Bitcoin has seen a 5% uptick, climbing up to approximately $114,000, igniting discussions about a bullish turnaround. One of the primary metrics indicating this potential bottom is the entity-adjusted dormancy flow of Bitcoin, which measures the relationship between BTC’s current market capitalization and its annualized dormancy value in US dollars. Historical data shows that when this figure dips below 250,000, it often signifies a prime buying opportunity. Currently, this metric has fallen












