tldr; The Bitcoin Reserve Risk indicator has declined to all-time lows according to on-chain analysis from Glassnode. The indicator follows market cycles tracking the risk-reward balance relative to the confidence and conviction of long-term holders. Even during the 2018 bear market and December capitulation event, this indicator didn't fall to the levels at this moment.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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