Glassnode Study Signals High-Risk Bitcoin Regime, Hints at Early Bull Market Sta

[sirty143]

Glassnode Study Signals High-Risk Bitcoin Regime, Hints at Early Bull Market Stage

In the wake of the market’s recovery from the FTX collapse, a notable shift has occurred, pushing bitcoin into a high-risk regime, as indicated by the onchain analysis firm, Glassnode. The firm’s latest report notes that this regime typically signals a pivotal phase... See more for yourself here.

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[yhiaali3]

There is no doubt that the collapse of the FTX exchange had a major negative impact on the Bitcoin market and on Bitcoin's reputation in general as a high-risk market.

Although Bitcoin has nothing to do with the FTX incident, most people who do not know much about Crypto link the incident to Bitcoin and conclude that Bitcoin carries high risks. I experienced this myself when an influential person was warning people about the risks of investing in Bitcoin and confirmed his words by referring to a collapse FTX exchange.