Bitcoin Has Entered “Optimism” Phase — Is “Belief” Or “Fear” Next?

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Crypto New Media Press

Data from the blockchain intelligence company, Glassnode, suggests that Bitcoin (BTC) has entered the “Optimism” phase amongst traders. The metric subtracts the net unrealized loss from the net unrealized profit of all circulating Bitcoin supply to gauge market sentiment. This indicator tends to increase during bull markets and the company suggests that the various value […]

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