On-chain indicators suggest that the Bitcoin market is now “high risk” – Glassnode
Several in chain indicators to have has been reported by Glass knot For be In THE "very high" risk area.
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On chain indicators assess Bitcoin (BTC) value to have between A "high risk" area And could mean THE cryptocurrency East In THE initial steps of A bull walk, said THE crypto analysis platform Glass knot.
In A Feb. ten X job, Glass knot sharing that A indicator has identify Bitcoin long term assessment compared with relative has It is walk value had pushed above THE “medium risk” area And East firmly In THE "high risk" group.
THE high risk level East typically witnessed during THE early steps of A Bitcoin bull walk as he watch long term investors to have income has A "significant level" of profitability, Glass knot note In A earlier Feb. 8 report.
After THE difficult recovery Since THE FTX collapse, This indicator has advance has 2.06, enter THE High Risk regime.
These levels are typically seen during THE early steps of bull the steps, as long term investors back has A relatively significant level of profitability. pic.twitter.com/XMSjJjUc1z
— glass knot (@noeuddeverre) FEBRUARY 9, 2024THE long term holder walk value has accomplished value (MVRV) indicator goals has identify When Bitcoin East on Or undervalued compared with relative has It is "fair value. »
He contrasts THE "walk value" of Bitcoin with It is "accomplished value" — THE price When Bitcoin was transferred between long term holder wallets — he "bands out" short term walk feeling And provides A metric that watch if THE walk East overheated.
Glass knot assigned A "high" Or "very high" risk rating has Seven indicators out of A total of ten, including...
Several in chain indicators to have has been reported by Glass knot For be In THE "very high" risk area.
News
Join
We
on
social
networks
On chain indicators assess Bitcoin (BTC) value to have between A "high risk" area And could mean THE cryptocurrency East In THE initial steps of A bull walk, said THE crypto analysis platform Glass knot.
In A Feb. ten X job, Glass knot sharing that A indicator has identify Bitcoin long term assessment compared with relative has It is walk value had pushed above THE “medium risk” area And East firmly In THE "high risk" group.
THE high risk level East typically witnessed during THE early steps of A Bitcoin bull walk as he watch long term investors to have income has A "significant level" of profitability, Glass knot note In A earlier Feb. 8 report.
After THE difficult recovery Since THE FTX collapse, This indicator has advance has 2.06, enter THE High Risk regime.
These levels are typically seen during THE early steps of bull the steps, as long term investors back has A relatively significant level of profitability. pic.twitter.com/XMSjJjUc1z
— glass knot (@noeuddeverre) FEBRUARY 9, 2024THE long term holder walk value has accomplished value (MVRV) indicator goals has identify When Bitcoin East on Or undervalued compared with relative has It is "fair value. »
He contrasts THE "walk value" of Bitcoin with It is "accomplished value" — THE price When Bitcoin was transferred between long term holder wallets — he "bands out" short term walk feeling And provides A metric that watch if THE walk East overheated.
Glass knot assigned A "high" Or "very high" risk rating has Seven indicators out of A total of ten, including...
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