Why is Bitcoin In a High-Risk Zone?

Recent weeks have been marked by increased volatility in the crypto market.

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Bitcoin surpassed $50,000, but it still faces uncertainty and potential sell-offs.

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Glassnode's MVRV ratio signals a "high risk" outlook, indicating that profitable long-term holders may choose to sell at any time.

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â€“ Grayscale remains optimistic about Bitcoin ETFs, believing they can attract new buyers and balance miner selling pressure post-halving.

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