Bitcoin usually sets the pace for other cryptocurrencies to follow. Analysts usually focus on Bitcoin to identify or predict market trends.
The latest analysis from pseudonym analyst Game of Tradeshas revealed six on-chain metrics showing the same levels that occurred during the bottom three bear markets in the past. The analyst Game of Trades says that the on-chain data signals BTC investment as a “generational buying opportunity.”
Analyst Reveal Six Important Metrics For Bitcoin
The pseudonym analyst shared his findings on Twitter, discussing the current accumulation, reserve risk, dormancy floor, and other positive key indicators for Bitcoin.