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This Historic Bitcoin On-Chain Support Level Is Still Not Lost

On-chain data shows the historical 20-Day MA Bitcoin aSOPR support level has continued to hold so far. Bitcoin 20-Day MA aSOPR Rebounds Off Historical Support Line As pointed out by…

MPI Records Highest Value Since April 2022

On-chain data shows the Bitcoin MPI has surged to its highest value since the April of this year, a sign that may prove to be bearish for the crypto’s price.…

Litecoin Whale Withdraws $65.5M In LTC From Binance, Bullish Sign?

Data shows a Litecoin whale has withdrawn $65.5 million in LTC from the crypto exchange Binance, a sign that may prove to be bullish for the price of the coin.…

NVT Golden Cross Enters Sell Zone

On-chain data shows the Bitcoin NVT golden cross has now entered into the “sell” zone, something that could be bearish for the price of the crypto. Bitcoin NVT Golden Cross…

On-Chain Data Shows Signs Of Fresh Bitcoin Accumulation

On-chain data shows signs of some fresh Bitcoin accumulation taking place during the last month. Bitcoin UTXOs Aged 1 Week To 1 Month Have Risen Up In Recent Days As…

Bitcoin To Plunge Further? Long-Term Holders Ramp Up Selling

On-chain data shows Bitcoin long-term holders have ramped up their selling recently, something that could lead to further plunge in the crypto’s price. Bitcoin Exchange Inflow CDD Has Spiked Up…

Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows

On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since…

Crypto Market Back To High Correlation As All Indexes Closely Follow Bitcoin

Data shows the crypto market has become highly correlation again in the past week as all indexes have been closing following Bitcoin. All Market Cap Weighted Crypto Indexes Have Been…

Bitcoin Closing In On This Bullish Crossover, Relief Finally Ahead?

On-chain data shows Bitcoin is closing in on a crossover that has historically proved to be bullish for the price of the crypto. Bitcoin Short-Term And Long-Term UTXO Age Bands…

Bitcoin “Diamond Hands” Have Dumped 84.5k BTC Since FTX Collapse

Data shows the so-called Bitcoin “diamond hands” have shed 84.5k BTC from their holdings since the collapse of crypto exchange FTX. Bitcoin Long-Term Holder Supply Has Sharply Declined Recently According…

Whales Add $1B More To Their Holdings

On-chain data shows Ethereum whales have added $1 billion more to their holdings recently, something that could be bullish for the crypto’s price. Ethereum Whales Now Hold 947,940 ETH More…

Bitcoin Reserve On Binance Sharply Rises, Whales Preparing For More Dumping?

On-chain data shows the Bitcoin reserve on Binance has been sharply going up in the last couple of days, something that could be a sign of dumping. Bitcoin Reserve On…

130k BTC Just Flowed Into Binance

On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto. Binance’s Bitcoin Exchange…

This Indicator Hints US Investors Sold Bitcoin Harder Than Others During Crash

The Bitcoin Coinbase Premium Index suggests US investors have been selling more heavily than others during the latest crash in the crypto. Bitcoin Coinbase Premium Index Has Turned Deep Red…

Glassnode Suggests Bitcoin Long-Term Holder Conviction Not Lost Yet

Data from Glassnode suggests Bitcoin long-term holder capitulation hasn’t reached a scale that would imply a widespread loss of conviction yet. Bitcoin Long-Term Holder Supply Has Declined By 61.5k BTC…

Quant Points Out Striking Resemblance Between 2017 And 2021 Bitcoin Cycles

A quant has pointed out the similarities between the 2017 and 2021 Bitcoin cycles, something that could hint at how the rest of this bear market might play out. Both…

Bitcoin Moves Differently From US Stock Market, Correlation Weakening?

Data shows while Bitcoin has been correlated with the US stock market for some time now, the two haven’t moved in tandem recently. Bitcoin Correlation With US Stocks May Be…

Bitcoin Supply In Loss Now At Similar Levels To COVID Crash And 2018 Bottom

On-chain data shows the amount of Bitcoin supply in loss has now reached levels similar to during the COVID crash and the 2018 bear market bottom. Bitcoin Supply In Loss…

Bitcoin Breaks $21k As Market Shows Signs Of Accumulation

Bitcoin has today broken past $21k in a sharp surge as on-chain data suggests signs of accumulation from the investors. Bitcoin UTXO Value Bands Show Multiple Groups Have Been Buying…

Fresh Bitcoin Long Positions Open Up On Exchanges As Funding Rates Turn Positive

On-chain data shows Bitcoin funding rates have turned positive, suggesting there have been some fresh long openings on derivative exchanges. Bitcoin Funding Rate Turns Green After Derivative Exchange Inflows Spike…

Bitcoin Nearing Retest Of Realized Price, Will Bulls Break Resistance This Time?

Data shows Bitcoin is now approaching another retest of the realized price, will the bulls be able to blow through the resistance this time? Bitcoin’s Recent Upwards Momentum Has Brought…

Bitcoin Bearish Signal: Exchanges Receiving Large Deposits

On-chain data shows the Bitcoin exchange inflows have spiked up over the last day, something that could prove to be bearish for the price of the crypto. Bitcoin Exchange Inflow…

Bitcoin Declines Slightly As Short-Term Holders Take Profits

After surging to as high as $20.9k, Bitcoin has today observed a slight decline back into the low $20k levels as a result of profit taking from short-term holders. Bitcoin…

This Bitcoin On-chain Retest Can Change Market’s Course, Here’s How

Bitcoin new address momentum is approaching a retest that could change the course of the crypto’s price, if history is anything to go by. Monthly MA Of Bitcoin New Addresses…

Dormant Supply On The Move Again

On-chain data shows some dormant Bitcoin supply is again moving into exchanges, something that could be bearish for the price of the crypto. Bitcoin Exchange Inflow For Old Coins Has…