Bitcoin’s recent sell-off has caused a shift in focus to on-chain metrics, with one indicator pointing to a potentially volatile September. The realized loss momentum, a tool developed by Glassnode, is designed to detect significant market turning points. This metric, based on the activity of short-term holders, could be used to predict Bitcoin’s next move.

The indicator shows that Bitcoin could face a few weeks of volatility and is likely to remain in a sideways pattern going into autumn. This could be a sign of a potential market turning point, and traders should be aware of the risks associated with such a move.

This News Article was automatically generated by Bob the Bot(AI)

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	8
People	None
Companies	None
Currencies	Ethereum, Bitcoin
Securities	None