The Daily Hodl
2022-08-26 18:45:39

Bitcoin (BTC) Remains in a Bear Market Based on On-Chain Metrics, Says Crypto Analytics Firm Glassnode

Crypto analytics firm Glassnode says that Bitcoin (BTC) is still in the bear market despite a recent relief rally. The market intelligence firm says that on-chain metrics suggest that recovery is still a ways off for Bitcoin since its short-term price increase was followed by a sell off. The adjusted SOPR (aSOPR), which reflects the […]The post Bitcoin (BTC) Remains in a Bear Market Based on On-Chain Metrics, Says Crypto Analytics Firm Glassnode appeared first on The Daily Hodl.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.