📉Bitcoin's price may be on a rollercoaster ride, but don't let that fool you! Despite the recent slump, onchain metrics suggest a "larger move" is on the horizon. Glassnode reports that Bitcoin investor profitability remains robust, with the average coin still holding a two-time profit multiple. 🎢

The market's current "apathy and boredom" could just be the calm before the storm. Glassnode notes that Bitcoin's volatility is compressing, often a precursor to significant market movement. So, buckle up, folks! This rollercoaster might just be getting started.

Remember, though, the $50,000 mark is crucial for Bitcoin to keep the bull market alive. If it dips below $60,000, we could see a rapid descent to lower support levels. But hey, who doesn't love a good thrill ride? 🎡

Disclaimer: This isn't investment advice. Do your own research and hold on tight!