Glassnode analyst: BTC breaking through a new ATH value historically represents a transition point from "enthusiastic bull" to "excited bull"
Glassnode, a blockchain data analysis company, analyst Checkmatey stated in a post that the breakthrough of Bitcoin's new ATH value represents a transition from a "passionate bull" to an "excited bull" in history. This also coincides with the MVRV ratio exceeding one standard deviation, but we rarely break it on the first attempt.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New ATH Announcement for Bitcoin (BTC) from Standard Chartered! "He Set a Single Condition!"
The intraday increase of the US dollar index DXY expanded to 0.50%, and it is now at 98.85
White House press secretary: Trump believes Fed's policy actions are politically motivated
Trending news
MoreCrypto prices
More
