Despite crypto markets consolidating sideways, five on-chain indicators suggest the bull market may just be starting. Bitcoin market dominance, MVRV Z score, Puell Multiple, HODL Waves, and miner revenue per hash all indicate bullish trends. However, other metrics like RHODL ratio and CVDD suggest markets could be overheated.
Keyword: Bitcoin, bull market, on-chain indicators, MVRV Z score, Puell Multiple, HODL Waves, miner revenue per hash, RHODL ratio, CVDD
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Last edited on: May 20, 2024 at 01:29 pm