Bitcoin On-Chain Environment Suggesting Bullish Undertones, According to Analytics Firm Glassnode

02.01.2022 " data-image-caption="" data-medium-file="https://i0.wp.com/dailyhodl.com/wp-content/uploads/2022/02/bitcoin-on-chain-environment.jpg?fit=300%2C176&ssl=1" data-large-file="https://i0.wp.com/dailyhodl.com/wp-content/uploads/2022/02/bitcoin-on-chain-environment.jpg?fit=1024%2C600&ssl=1" /> Blockchain analytics firm Glassnode says that Bitcoin’s on-chain fundamentals have hints of bullishness, suggesting that recent market correction could be close to over. In its latest report, Glassnode says that while most derivatives traders are betting on more downside for BTC, on-chain models are hinting that a more bullish undertone is in play. The firm says […] The post Bitcoin On-Chain Environment Suggesting Bullish Undertones, According to Analytics Firm Glassnode appeared first on The Daily Hodl.