An interesting metric on bitcoin predicts continued growth. Now 75% of the entire supply of BTC is in profit, and 25% is in the zone of unrealized losses (glassnode)
It is interesting because it was quite accurate in determining the bottom of the market and signaled the end of growth cycles quite well. At the moment, the value of the metric is in the middle of the range after testing the lows, which means that bitcoin's growth potential remains serious.
Well, the news that Ripple was not recognized as a security gave a good impetus to the crypto market. Bitcoin is already above $31,000, altcoins are adding 5-10% each.
