MarketPR
Glassnode's aggregate BTC price cycle tool has reached its coldest phase since the collapse of FTX in late 2022, the on-chain analytics firm confirmed.
The composite draws on a basket of $BTC price metrics, and on Glassnode's reading, the current stretch is the longest capitulation episode since that exchange's blow-up.
The next signal to track is whether the tool begins rotating out of that cold zone. What the aggregate tool is measuring The term "aggregate" is load-bearing.
Glassnode's price cycle tool compresses multiple BTC price metrics into a single composite reading rather than tracking one indicator in isolation.
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