Analyst: Bitcoin risk assessment model currently at 58 points; above 60 points signals "risk aversion"
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Jinse Finance reported that Cryptoquant analyst Axel Adler Jr released a market analysis stating that the Bitcoin risk assessment model, based on factors such as the S&P 500, gold, crude oil, and the US Dollar Index (DXY), currently stands at 58 points. Any reading above 60 is usually considered a "Risk-Off" signal for Bitcoin.
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