Bitcoin Price Rally Masks a $35,000 On-Chain Gap Bulls Are Ignoring

Bitcoin (BTC) price trades near $77,500, up 13.5% over the past 30 days and comfortably above the February lows. The surface read is a clean recovery. A closer look at the rebound’s structure, a cost-basis gap between two holder cohorts that has preceded every cycle bottom since 2015, and a sharp jump in spot buying The post Bitcoin Price Rally Masks a $35,000 On-Chain Gap Bulls Are Ignoring appeared first on BeInCrypto.