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Bitcoin bear market 70% dip kills BTC 'tourists' as metric screams buy

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Bitcoin risk-return is rarely this good, PositiveCrypto argues citing the latest on-chain data.

For Swift, signs that speculator “euphoria” is now gone from Bitcoin come in the form of the popular HODL Waves metric.

A further iteration of the metric, Realized Cap HODL Waves, additionally weights these bands by realized price — the price at which each bitcoin last moved.

 

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