BTC market near capitulation as short-term holders face deep losses
Bitcoin’s (BTC) On-Chain-Metrics flashes a key signal again as the short-lived proprietor (STH) MVRV relationship dropped to 0.82-one level historically associated with market stress and capitulation, according to Glassnode Data. This metric compares the market value (the current BTC price) with the realized price (average cost base for coins contained by short-term holders). A STH […]
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