Crypto analysis platform Glassnode has raised concerns about several on-chain indicators assessing the value of Bitcoin (BTC), suggesting that the cryptocurrency may be entering the initial phases of a bull market. On-Chain Indicators Point to Elevated Risk Levels According to Glassnodes Feb. 10 report, an indicator tracking Bitcoins long-term valuation relative to its market value has surpassed the mid-risk zone and entered the high-risk territory. This elevation in risk levels typically occurs at the bull markets start, indicating that long-term investors have returned to a...
source: https://tokenpost.com/Bitcoin-Enters-High-Risk-Zone-Signal-for-New-All-time-High-11225
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