Bitcoin (BTC) is currently valued at around $94,000 after trading above $108,000 earlier this week. Analysts say BTC still has growth potential. 📈

According to Glassnode founder Rafael Schultze-Kraft, the MVRV metric and other indicators suggest that BTC has not peaked this cycle. Long-term investor profitability metrics suggest that BTC could continue its rise.

These indicators suggest that Bitcoin is only halfway through its bull run. 🚀