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The Daily Hodl 2023-06-12 20:00:55

Bitcoin (BTC) Hovering at ‘Decision Point’ As Critical On-Chain Metric Foreshadows Next Move: Glassnode

Bitcoin (BTC) is now sitting at a critical junction, with its next move potentially being foreshadowed by an on-chain metric, according to analytics firm Glassnode. Glassnode says that it is watching BTC’s short-term holder market value to realized value (MVRV) indicator. The metric is designed to measure the unrealized profit or loss of Bitcoin holders The post Bitcoin (BTC) Hovering at ‘Decision Point’ As Critical On-Chain Metric Foreshadows Next Move: Glassnode appeared first on The Daily Hodl .

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