Bitcoin's Bullish Trajectory Continues Despite Recent Dips: Insights from On-Chain Analytics

Bitcoin (BTC) remains on its bullish trajectory despite recent price setbacks, with a key analytical tool offering insights into its sustained upward trend. Philip Swift, the creator of the on-chain analytics platform LookIntoBitcoin, shared his analysis of the Realized Cap HODL Waves (RHODL) metric. While Bitcoin experienced a 10% price drop last week, the RHODL metric presents a broader perspective, showcasing the ongoing momentum of the current bull market. For those unfamiliar, RHODL Waves provide a unique way of examining BTC movement. This metric categorizes the Bitcoin supply...

source: https://tokenpost.com/Bitcoins-Bullish-Momentum-Supported-by-Key-Metric-Suggests-Long-Term-Growth-10558

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