A slew of on-chain metrics are hinting that the Bitcoin (BTC) bear market could be in the rearview mirror, according to the crypto analytics firm Glassnode. In a new YouTube video, the analytics firm acknowledges that “nobody really knows” if the BTC bear market is actually over. However, Glassnode says there are a handful of key metrics that suggest the market could be changing. The analytics firm notes that BTC has been above its realized price (RP) and 200-day moving average (MA) for most of 2023. RP records the value of all BTC at the price they were most recentlyGo to Source
Author: NixCoin