Bitcoin's MVRV ratio crossed the 365-day average on September 22. The same signal preceded rallies in 2019 and 2023. BTC traded at $85,873.

The Glassnode indicator, tracking the dynamics between Bitcoin and major altcoins, has shifted to 'altseason' mode for the first time this period.

Glassnode identified obstacles to the continuation of Bitcoin's growth.

Analytics firm Glassnode has published a detailed report on the Bitcoin market.