 Sources : glassnode/OnChainCollege Long-term investor confidence index If the index is low, this means that their confidence is high and that Bitcoin is not at a fair price And if it is high, confidence is low and the prices are not good for buying Now where is the pointer? Note that it reached a bottom when the price was 30 k That is, long-term investors consider the price of 47 k attractive for long-term investment As if at 30k Investor confidence is on the rise Note ❗️ Indicators of the On chain data It works on the long term and does not care about price fluctuations Sources: glassnode / OnChainCollege Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@roman441/indicators-analysis-on-chain-data-important-for-every-investor-and-trader-of-cryptocurrency)
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