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Bitcoin Holds Near $78K as On-Chain Metrics Signal Bullish Transition

The Block Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin volatility remains historically low as long-term holders lock up supply, according to Glassnode.
  • With over 71% of supply in profit, Bitfinex analysts anticipate continued consolidation with an upside bias, noting that crossing historical profit thresholds has typically signaled bull market transitions.
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BTCUSD price history

76958.64 +14.87% over the displayed period

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