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The Daily Hodl 2023-05-18 00:00:35

Bitcoin (BTC) Well Into Bear Market Recovery Phase, Based on On-Chain Metrics: Glassnode

On-chain metrics suggest the Bitcoin (BTC) bear market could be over, according to the crypto analytics firm Glassnode. Glassnode’s “Recovering from a Bitcoin Bear” signal combines eight different metrics that analyze four primary factors: whether the market is trading above key price models, whether there have been any upticks in on-chain activity, whether the market The post Bitcoin (BTC) Well Into Bear Market Recovery Phase, Based on On-Chain Metrics: Glassnode appeared first on The Daily Hodl .

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