10X Research: BTC Miner Metrics Signal Buy Opportunity...80% Past Gains

Bitcoin (BTC) miner-related metrics have shown a buying signal, according to 10X Research. The same signal has occurred 10 times in the past, with Bitcoin rising in eight instances. The average return across these 10 cases was approximately 41%, while the median gain stood at 58.6%. However, in two cases, Bitcoin declined by 24% and 40% respectively after the signal appeared. This week's U.S. Clarity Act vote and the Federal Reserve's interest rate decision are also scheduled.