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The Daily Hodl
2023-04-04 16:04:18

On-Chain Metrics Signaling New Cycle Transition for Bitcoin, According to Glassnode

On-Chain Metrics Signaling New Cycle Transition for Bitcoin, According to Glassnode

A handful of on-chain metrics are looking bullish for Bitcoin (BTC), according to the crypto analytics firm Glassnode. Glassnode notes that Bitcoin’s accumulation trend score has been rising this year. The accumulation trend score measures the relative size of entities that are actively accumulating Bitcoin. A score closer to one means that larger addresses are The post On-Chain Metrics Signaling New Cycle Transition for Bitcoin, According to Glassnode appeared first on The Daily Hodl .

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