Santiment: “As Bitcoin Gives Correction Signal, These Two Altcoins Are in the Opportunity Zone!”

Leading cryptocurrency bitcoin, While spot Bitcoin rose above $ 44,000 again after the news about the approval of ETFs, BTC warning came from Santiment.

At this point, looking at the supply/profit ratio centimeter, BTC He stated that this rate is a warning for Bitcoin’s supply/profit ratio is 89%.

While there is only a short time left until the new year, this level Bitcoin Stating that it is a cautious level for BTC, Santiment drew attention to two altcoins that show signs of rise in the short term while BTC gives a correction signal.

Santiment of these altcoins Polygon (MATIC) and Litecoin (LTC) He stated that it was and said:

“Bitcoin’s supply/profit ratio is at 89%. This level is a level at which BTC should be cautious as we enter the new year.

Further increases are more likely to occur when this level is between 40% and 70%. However, this level is high and investors should be careful.

While this is the case with BTC, popular altcoins MATIC and LTC are in the opportunity zone in the short term.”

📊 $BTC‘s ratio of supply in profit sits at 89%, a level to be cautious with heading into the new year. Further rises are more likely when this number is more in the 40-70% range. Meanwhile, $MATIC & $LTC Sit more comfortably in an opportunity zone. https://t.co/MXFBSQ0R0n pic.twitter.com/kBPTDyi9gz

— Santiment (@santimentfeed) December 21, 2023

*This is not investment advice.