Bitcoin price enters 'transitional phase' according to BTC on-chain analysis


$ 114,931.7
€ 97,636.4
¥ 38,800.0
£ 84,495.6
BTC
-0.60 %
$ 4,504.23
€ 3,825.63
¥ 1,520.38
£ 3,311.92
ETH
-2.56 %
$ 301.33
€ 255.97
¥ 102.26
£ 222.69
XMR
2.32 %
$ 112.83
€ 95.84
¥ 38.07
£ 82.96
LTC
-2.31 %

BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.