AVIV ratio spikes as Bitcoin reaches new ATH
AVIV ratio spikes as Bitcoin reaches new ATH
The opening between Bitcoin's worth and steady style market imply worth shows valuable unrealized profits and skill market cooling.
Bitcoin has hit an astonishing all-time high of $107,000, fueled by a alive to bullish sentiment that's been building over the final months. Delving into the on-chain metrics, the steady style market imply worth (TMMP) and AVIV ratio point to provocative insights into investor behavior and market dynamics. TMMP's regular climb displays long-term self belief, whereas a spike within the AVIV ratio may maybe presumably well also impartial signal overheated prerequisites. As December unfolds, the market is poised at a important junctureâwhat may maybe presumably well also this imply for Bitcoin's future trajectory? Search for the predominant indicators that may maybe presumably well also form what's nextâ¦
Source credit : cryptoslate.com