Opinion: Currently, most coins have not reached their ATH, which may indicate that Bitcoin still has significant upside potential
By: theblockbeats.news|2025/07/12 00:51:54
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BlockBeats News, July 12th, according to The Kobeissi Letter citing data analysis from Sentimentrader, the vast majority of coins are currently not in their all-time high range (within 5% of their high in the past 252 days).
In contrast, when Bitcoin hit new highs in February and November 2024, approximately 75% and about 40% of cryptocurrencies were within 5% of their 252-day highs, respectively.
Historically, when a large number of cryptocurrencies are trading near their all-time highs, Bitcoin tends to pull back. The current divergence suggests that Bitcoin may still have more room to grow.
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