According to two key on-chain metrics, Bitcoin is at a prime buying opportunity, traders say. The first metric, the Puell Multiple, indicates that Bitcoin is in the lower end of its historical price range, suggesting potential upside. The second metric, the Reserve Risk, measures the confidence of long-term investors in the market.

It's currently showing a buy signal, indicating that investors are willing to accumulate more Bitcoin at current prices. These metrics align with traders' sentiment that now is a favorable time to buy #Bitcoin