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146: Key Bitcoin Price Indicator Suggests Massive Bull Run | Owning 1 BTC Soon Be Out Of Reach for 99.8%
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
English - March 03, 2020 15:44 - 16 minutes - 8.03 MB - ★★★★ - 537 ratingsTechnology Education bitcoin binance bitcoinnews bitcoinnewstoday bitcoinprice bitmex blockchain btc btcnews crypto Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The blockchain intelligence firm Glassnode says a key Bitcoin price indicator suggests the crypto market remains in the early days of a long-term bull run.
According to Glassnode, the number of BTC addresses with unrealized profit is at similar levels to the start of three major rallies. Unrealized profit is calculated by taking the difference between the current BTC price and the price at the time that Bitcoin in a given address last moved. It’s a sign of how many traders are determined to hold on to their investment.