Is Bitcoin’s Drop in MDIA a Sign of Continued Bullish Momentum?
Bitcoin’s Mean Dollar Invested Age has dropped 27% since October 2023, signaling a bullish trend. Bitcoin’s price surged to $95,583.63 with a market cap of $1.89 trillion. Bitcoin’s market sentiment has been significantly influenced by a crucial metric, the Mean Dollar Invested Age (MDIA). This metric measures the average age of each BTC that has…