On-chain analytics firm Glassnode has pointed out how the current Bitcoin market is reminiscent to the structure from the first quarter of 2022. Bitcoin Dynamics Are Currently Looking Similar To Early 2022 Bear Market In its latest weekly report, Supply Quantiles Cost Basis Model, highlighting price levels that correspond to a certain degree of investor…
Tag: Bitcoin bear
This Bitcoin Bear Confirmation Is Yet To Appear, Glassnode Reveals
The on-chain analytics firm Glassnode has revealed in a report how this historical bear market confirmation is yet to appear for Bitcoin in the current cycle. Bitcoin Unrealized Loss Hasn’t Spiked For Long-Term Holders Yet In its latest weekly report, Unrealized Loss” is an on-chain indicator that measures the total amount of loss that the…