Bitcoin’s on-chain profitability has recovered sharply from its March lows, but analyst Axel Adler Jr. says the market still lacks a stronger behavioral confirmation that a durable reversal is underway. In his May 19 “Bitcoin Morning Brief,” Adler pointed to a mixed setup across two closely watched on-chain indicators: Bitcoin Percent Supply in Profit and […]
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Bitcoin’s on-chain profitability has recovered sharply from its March lows, but analyst Axel Adler Jr. says the market still lacks a stronger behavioral confirmation that a durable reversal is underway. In his May 19 “Bitcoin Morning Brief,” Adler pointed to a mixed setup across two closely watched on-chain indicators: Bitcoin Percent Supply in Profit and […]
Category: bitcoin
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