On-Chain Metrics May Point to Underlying Bullishness for Bitcoin

The past week has proven to be quite volatile for the crypto market, with multiple major altcoins posting major gains while Bitcoin traded sideways within the lower-$10,000 region. Yesterday, however, this bullish momentum grinded to a halt when Bitcoin (BTC) plummeted below $10,000, which may spell trouble for the markets in the near-term.
In spite of this potential bearishness, one prominent crypto analyst is now noting that one piece of on-chain data may signal an underlying bullishness for t