BTC Stays Defensive at 30/100, Glassnode Compass Shows
Macro provided a 24-point lift, but light flows at 30/100 leave the reading defensive despite valuation sitting at the cycle's discounted end.
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Macro provided a 24-point lift, but light flows at 30/100 leave the reading defensive despite valuation sitting at the cycle's discounted end.
Bitcoin's cycle position is marked deep in capitulation, while leverage remains fairly light and rotation is tilted toward alts.