On-chain data shows Bitcoin is trading near a level that has historically acted as the boundary for the ‘euphoria’ phase of the market. Bitcoin Is Not Far From This Long-Term Holder Cost Basis Level According to the latest weekly report from Glassnode, BTC’s recent consolidation has been near the historical boundary between the ‘equilibrium’ and…
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On-chain data shows Bitcoin has been going through a “euphoria wave” for two months. Here’s how long it was in this phase during the last bull run. Bitcoin Has Been In Euphoria Wave Phase According To Supply In Profit According to the latest weekly report from the on-chain analytics firm Glassnode, the current BTC cycle…
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Here’s what on-chain data says regarding if the latest Bitcoin rally has hit the overheated “euphoria” stage where past bull runs topped out. Bitcoin Percent Supply In Profit Has Now Hit The 83% Mark In its latest weekly report, the on-chain analytics firm Glassnode has discussed about the “euphoric” BTC phase from the angle of…
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