<ul><li>Bitcoin recently reached a new all-time high, but key indicators suggest the rally might still have room to grow.</li><li>The MVRV (Market Value to Realized Value) ratio indicates that Bitcoin isn't overvalued and remains close to the cost basis for traders, implying the market isn't overheated.</li><li>A significant increase in short-term Bitcoin holders suggests potential for further growth.</li><li>Binance's open interest has reached record levels, driven by Bitcoin's surge and increased capital in derivatives. Investor confidence has spiked after the U.S. election, setting the stage for sustained bullish sentiment or increased volatility.</li></ul>

Bitcoin’s New High Sparks Optimism As Market Indicators Suggest Room For Growth

Discover more