🚨📊 Bitcoin is in a new consolidation phase!
According to Glassnode data, Bitcoin is currently undergoing the third consolidation phase in the current cycle, which started at the end of August 👀
🔹 Current price: around $111,000
🔹 Very close to the MVRV level +0.5σ = $115,000
🔹 The market is in a state of anticipation for a potential strong breakout 💥
Simply put, the market is calm but everyone is waiting for the moment of explosion 📈🔥
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BTC
90,267.01
-2.39%