Why Bitcoin Network’s Record 2019 Is Bullish For the Crypto Market

Although up 70% on the year, Bitcoin hasn’t had the best of 2019s from a market perspective, with the price surging 330% to $14,000 before seeing a precipitous drop to as low as $6,400 just earlier this month.
Despite this harrowing price action, which some analysts say is indicative of mass complacency in the crypto market, recent data compiled by a cryptocurrency on-chain analytics firm suggests that 2019 was a record year for Bitcoin in terms of on-chain metrics and fundamentals.
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