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The Daily Hodl 2024-01-19 19:05:39

Here’s What’s Preventing Bitcoin From Entering Into the ‘Real Bull-Market Territory,’ According to IntoTheBlock

Crypto analytics firm IntoTheBlock says that key metrics show Bitcoin (BTC) is not in a full-on bull market. IntoTheBlock says that Bitcoin’s current fundamentals are dissimilar from those during historical bull markets as the crypto king stalls around the $40,000 level. “A lack of volume compared to previous bull markets, a limited decrease in long-term The post Here’s What’s Preventing Bitcoin From Entering Into the ‘Real Bull-Market Territory,’ According to IntoTheBlock appeared first on The Daily Hodl .

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