Bitcoin Price Jumps 18% — On-Chain Data Reveals a Bear Rally in Disguise

Bitcoin price has staged a sharp 18% recovery from its February lows near $62,530, briefly tagging $74,150 this week. The headlines call it a comeback. On-chain data tells a different story. BeInCrypto’s own on-chain research and Glassnode’s Week On-Chain report, released this week, together point to a market distributing into relief source: https://beincrypto.com/bitcoin-price-18-percent-bounce-bear-rally-analysis/