Bitcoin Bull Trap? Top Analytics Firm Issues Warning, Says On-Chain Metrics Weighing Down on BTC

Bitcoin Bull Trap? Top Analytics Firm Issues Warning, Says On-Chain Metrics Weighing Down on BTC


The Daily Hodl
2023-04-25 19:55:35

Prominent crypto analytics firm Santiment is warning that many on-chain metrics for Bitcoin (BTC) should give reason for bulls to remain cautious. In a new blog post, Santiment says that Bitcoin’s network isn’t showing the same parabolic growth that it did in the bull market of 2021. The firm says that bull traps occur when The post Bitcoin Bull Trap? Top Analytics Firm Issues Warning, Says On-Chain Metrics Weighing Down on BTC appeared first on The Daily Hodl .