Glassnode Research Reveals Reasons for Bitcoin’s Rally and How Far It Can Go

TL;DR Bitcoin has surged over 40% since October 13, with traders optimistic about its future growth, noting that profit-taking is currently only about half as intense as during previous all-time high cycles. Following the U.S. presidential election results, which indicated a more crypto-friendly stance under the Trump administration, Bitcoin reached a new all-time high. Glassnode’s ... source: https://crypto-economy.com/glassnode-research-reveals-reasons-for-bitcoins-rally-and-how-far-it-can-go/