A closely-watched bitcoin metric is pointing to a possible price bottom for the cryptocurrency

(CNBC) Bitcoin could be poised for outsized gains if recent technical signals are to be believed. Investors have been searching for a bottom to bitcoin since the cryptocurrency lost more than 60% of its value from the all-time high of nearly $69,000 it hit in November. Nearly $2 trillion has been wiped off the entire crypto market in recent months.

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