Bitcoin Cycle Breaks Pattern as On-Chain Metrics Hit 4-Year Low
Bitcoin’s on-chain metrics have hit deep-value readings normally seen at cycle bottoms, even though price has only retraced about 40% from its all-time high. That drawdown sits far below the 75% to 85% declines that defined prior bear cycles. Six widely tracked indicators now point in the same direction. They describe a market that reset...
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