The 4.5 signal: Why Glassnode’s RHODL ratio says the bitcoin bottom may be in
Crypto

The 4.5 signal: Why Glassnode’s RHODL ratio says the bitcoin bottom may be in

CoinDesk·2h ago·Neutral

What Happened

Glassnode's RHODL ratio, tracking long-term versus short-term bitcoin holders, reached 4.5, suggesting a potential market bottom. The metric indicates wealth concentration in older coins after Bitcoin's 50% correction over six months. Historical precedent shows similar ratios preceded cycle lows in 2015 and 2022, though current conditions suggest less downside ahead.

Key Entities

GlassnodeRHODL ratioBitcoinon-chain metriccycle bottom

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