A popular on-chain analyst says Bitcoin (BTC) is no longer looking bearish based on several key indicators. Pseudonymous on-chain sleuth Checkmate tells his 98,300 followers on the social media platform X that Bitcoin’s Active-Value-to-Investor-Value (AVIV) ratio has moved from a downtrend signal to a neutral one. The AVIV is the ratio between the active capitalization, The post Bitcoin ‘No Longer Bearish’ As Several Indicators Turn Green, Says On-Chain Analyst appeared first on The Daily Hodl .