Bitcoin’s Still Got Room to Run: A Satoshimeter Perspective
Bitcoin recently hit a new all-time high above $120,000, sparking a lot of chatter about where it’s at in this bull market. While the price is exciting, looking at on-chain data gives a clearer picture. One indicator, the Satoshimeter, suggests we’re still in the middle of the cycle, with plenty of potential upside. Mid-Cycle Momentum…
