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AVIV Ratio Spikes as Bitcoin Reaches New ATH
Bitcoin has hit an astounding all-time high of $107,000, fueled by a fervent bullish sentiment that’s been building over the past months. This remarkable milestone marks a turning point for the market, as we delve into on-chain metrics to uncover intriguing insights into investor behavior and market dynamics.
The true market mean price (TMMP) has steadily climbed, reflecting long-term confidence in Bitcoin’s trajectory. However, a sudden spike in the AVIV ratio may signal overheated conditions, leaving investors wondering what this might mean for Bitcoin’s future trajectory.
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Source: cryptoslate.com
