2021 has proven itself to be quite a promising year for Bitcoin, with its price action on the charts enabling it to register new ATHs. However, over the past 7 days, the bullish momentum has faded, with Bitcoin retracing all way from around $41k to where it stood at press time ($32,600). However, does the...Read More
Glassnode’s report points out that the bitcoin network’s health and liquidity have both reduced since last week, however, the sentiment remains the same. This is an interesting development that is one-sided, ie., only happens during price ascent. Let’s address why this is the case with the sentiment in this article. Sentiment Source: Glassnode Sentiment is...Read More