A popular crypto analyst thinks one particular on-chain metric bodes well for Bitcoin’s (BTC) future price action. In a new YouTube video, the anonymous host of InvestAnswers looks at Bitcoin’s yearly absorption rate on exchanges. The analyst looks at an absorption chart from the crypto analytics firm Glassnode, which defines the metric as a comparison The post ‘Very Bullish’ On-Chain Metric Shows Bitcoin Set for Much Higher Prices, According to Crypto Analyst appeared first on The Daily Hodl .
