New Research Suggests Bitcoin Is in a “Transition” Phase Towards the Next Bull Market Top

05/31 14:56

According to new research by analytics firm Glassnode, Bitcoin is currently in a "transition" phase that could lead to the next bull market top. On-chain metrics suggest that a long-term BTC price bottom has already been reached, despite doubts and downside targets. Glassnode has unveiled a new tool for tracking sentiment among long-term holders (LTHs) of BTC, who are currently in a "transition" phase towards a state of "equilibrium" before the next BTC price cycle top. The short-term holder (STH) cohort, corresponding to more speculative investors, is also being monitored.
bullishbullishbullishBullishbearishbearishbearishBearishGostoPartilhar
Isenção de responsabilidadeO conteúdo acima não representa as posições da HTX.A HTX não faz quaisquer recomendações de negociação.

Todos os comentários0Mais recentePopular

avatar
Mais recentePopular