Bitcoin will hit $50k by the end of this week; do metrics affirm that narrative? (AMBCrypto)

Originally published at: Bitcoin will hit $50k by the end of this week; do metrics affirm that narrative? (AMBCrypto) – We Never See Nothing

Bitcoin price has been consolidating above $44,500 for quite some time. Even the 1 April downtick failed to move below this support level, further strengthening the bullish outlook. Regardless, BTC has failed to show volatility and has not moved higher for the last week or so. But two on-chain metrics suggest that the big crypto…