Bitcoin Market Shouts Sell, But This Fundamental Urges Buy

in hopdh •  3 years ago 

Bitcoin is the world's first cryptocurrency
BTC / USD
There have been a few bad months, with recent on-chain data analysis showing that Bitcoin addresses have recently reached about 55.7% profitability - meaning most are making a profit, but less than two years.

What happened: On-chain data-based metric reserve risk paints a ray of hope in Bitcoin's currently depressed market. Bitcoin's reserve risk has reached an all-time low of 0.000024, according to data shared in a tweet on Tuesday by an account of Glassnode dedicated to sharing the results of the blockchain data firm.

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