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
[Initial Listing] Bitget Will List DePHY (PHY). Come and grab a share of 6,600,000 PHY
New spot margin trading pair — ES/USDT!
Bitget Trading Club Championship (Phase 1) – Make spot trades daily to share 50,000 BGB
SLPUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More
