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CryptoGlobe 2023-03-30 12:54:19

$BTC: Glassnode’s On-Chain Tools Shed Light on Bitcoin’s Recent Market Dynamics

According to a recent blog post by crypto analytics startup Glassnode, Bitcoin prices have been consolidating between $26.7K and $28.7K, pausing after several weeks of impressive performance. To assess investor confidence in the uptrend, Glassnode utilized a range of on-chain tools, including exchange flows, profit-taking, and coin holding times. Glassnode observed that, over the past

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