Metrics indicate bullish sentiment as illiquid Bitcoin supply reaches 80%

January 22, 2023

in Crypto

Reading Time: 3 mins read

CryptoSlate analysis of Bitcoin (BTC) metrics reveals that the market bottom may have been reached as investors continue accumulating BTC and pushing illiquid supply up to 80%.

Analysts reviewed metrics, including the MVRV-Z and Realized Price metrics, to discover both indicate bullish sentiments.

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Metrics indicate bullish sentiment as illiquid Bitcoin supply reaches 80%

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Metrics indicate bullish sentiment as illiquid Bitcoin supply reaches 80%

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