During bull cycles, when market inflation is lower than nominal inflation, it indicates that long-term investors are accumulating assets. This situation has the potential to drive up the price of Bitcoin. Conversely, if market inflation surpasses nominal inflation, it could result in significant selling pressure from investors. As a result, BTC may be on the verge of experiencing a notable decline. As of the time of writing, this metric has formed the second model, with Bitcoin currently trading at $69,164. This figure reflects a 2.98% increase over the past seven days. For the latest financial and business news, visit COINTURK FINANCE.
