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3 metrics contrarian crypto investors use to know when to buy Bitcoin -Breaking

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Three metrics that contrarian crypto investors use when deciding to purchase Bitcoin

It is difficult to buy low and sell high, particularly when emotions and volatile markets are involved. Historically speaking, the best deals are to be found when there is “blood on the streets,” but the danger of catching a falling knife usually keeps most investors planted on the sidelines.

For crypto-holders, May was particularly challenging becauseBTCAnalysts are now anticipating a price for Bitcoin of less than $20,000. It’s times like these when fear is running rampant that the contrarian investor looks to establish positions in promising assets before the broader market comes to its senses.

Crypto Fear & Greed Index. Alternative
Fear & Greed returns for BTC. Source: Jarvis Labs
The number of Bitcoin addresses having a minimum balance of 10,000 BTC. Glassnode
The number of Bitcoin addresses having a minimum balance of 10,000 BTC. Glassnode
Bitcoin average mining cost. Source: MacroMicro
Bitcoin average mining cost. Source: MacroMicro