Crypto Market Back To High Correlation As All Indexes Closely Follow Bitcoin
[ad_1] 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…
Bitcoin Closing In On This Bullish Crossover, Relief Finally Ahead?
[ad_1] 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…
Bitcoin “Diamond Hands” Have Dumped 84.5k BTC Since FTX Collapse
[ad_1] 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…
Whales Add $1B More To Their Holdings
[ad_1] 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…
Bitcoin Reserve On Binance Sharply Rises, Whales Preparing For More Dumping?
[ad_1] 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…
130k BTC Just Flowed Into Binance
[ad_1] 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…
This Indicator Hints US Investors Sold Bitcoin Harder Than Others During Crash
[ad_1] 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…
Glassnode Suggests Bitcoin Long-Term Holder Conviction Not Lost Yet
[ad_1] 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…
Quant Points Out Striking Resemblance Between 2017 And 2021 Bitcoin Cycles
[ad_1] 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.…
Bitcoin Moves Differently From US Stock Market, Correlation Weakening?
[ad_1] 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…
Bitcoin Supply In Loss Now At Similar Levels To COVID Crash And 2018 Bottom
[ad_1] 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…
Bitcoin Breaks $21k As Market Shows Signs Of Accumulation
[ad_1] 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…
Fresh Bitcoin Long Positions Open Up On Exchanges As Funding Rates Turn Positive
[ad_1] 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…
Bitcoin Nearing Retest Of Realized Price, Will Bulls Break Resistance This Time?
[ad_1] 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…
Bitcoin Bearish Signal: Exchanges Receiving Large Deposits
[ad_1] 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…
Bitcoin Declines Slightly As Short-Term Holders Take Profits
[ad_1] 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.…
This Bitcoin On-chain Retest Can Change Market’s Course, Here’s How
[ad_1] 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…
Dormant Supply On The Move Again
[ad_1] 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…
Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong
[ad_1] On-chain data suggests Bitcoin whales who accumulated during the June crash have continued to hold strong so far. Bitcoin Sum Coin Age Distribution Shows Strong Accumulation Around $18k As…
Bitcoin Volatility Falls To Lowest Since Post-COVID Rebound
[ad_1] Data shows the daily Bitcoin volatility has declined further this week, reaching very low levels not observed in around two years. Bitcoin 30-Day Volatility Has Come Down To Just…
This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown
[ad_1] Historical data of an on-chain indicator could suggest Bitcoin may not be in danger of another sharp crash right now. Bitcoin Spot Exchange Depositing Addresses Stay At Very Low…
Bitcoin Futures Market Remains Heated As Leverage Stays High
[ad_1] On-chain data shows the Bitcoin futures market has remained heated recently as leverage taken on by investors has been quite high. Bitcoin Estimated Leverage Ratio Declines A Bit, But…
Bitcoin Boredom Causes Trading Volume To Dive 38% From September Highs
[ad_1] Data shows the Bitcoin trading volume has declined by 38% since the highs in September as a result of the boring price action in the crypto. Bitcoin Spot Trading…
Bitcoin Volatility Index Suggests Large Price Move Arriving Soon
[ad_1] Historical data of the Bitcoin volatility index hints that the price of the crypto may observe a big move in the near future. Bitcoin Volatility Index Has Recently Been…
Bitcoin Whale Ratio Surges Up As Leverage Remains High
[ad_1] On-chain data shows the Bitcoin whale ratio has surged up recently, as leverage in the market has remained around an all-time high value. Both Bitcoin Whale And Leverage Ratios…