Bitcoin in 'Accumulation' Phase, Onchain Indicators Suggest

2022-7-11 12:23

Bitcoin's Puell Multiple and MVRV Z-Score indicate the cryptocurrency is undervalued. Similar readings have marked bear market bottoms in the past.

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Bitcoin (BTC) на Currencies.ru

$ 66812.24 (+0.05%)
Объем 24H $18.354b
Изменеия 24h: 0.28 %, 7d: 9.09 %
Cегодня L: $66739 - H: $67313.92
Капитализация $1316.199b Rank 1
Цена в час новости $ 20403.64 (227.45%)

bitcoin similar undervalued readings marked bottoms past

bitcoin similar → Результатов: 126


Start Of Bear Period? Current Bitcoin Trend Looks Similar To June

Bitcoin on-chain data shows current trend with the short-term holder SOPR looks similar to that in June. This may mean that a bear period similar to then has started. Bitcoin Short-Term Holders Continue To Realize Losses As pointed out by an analyst in a CryptoQuant post, Bitcoin short-term holders have continued to realize profits recently, as suggested by the SOPR.

2022-1-7 22:00


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Tezos, Harmony, Theta, Bitgert, Centcex & Enjin – Today’s Crypto News Updates

The last year has been an extremely wild ride for Bitcoin and Ethereum investors, with the value of both currencies soaring to new heights while also attracting greater institutional scrutiny. At the same time, in an environment as tumultuous as this, many new cryptocurrencies are springing up on the market with similar growth promises —Read More

2022-1-6 17:00


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Billionaire Ray Dalio recognizes Bitcoin as younger generations’ gold

Younger generations were always more open to new inventions and technologies than those who spent decades upon decades of their life without them, and the same is true for the crypto industry. Recent reports have revealed that wealthy millennials are the most bullish on cryptocurrency, and billionaire Ray Dalio came to a similar conclusion, noting […] The post Billionaire Ray Dalio recognizes Bitcoin as younger generations’ gold appeared first on Invezz.

2021-12-19 09:32


Bitcoin Sentiment Suggests Serious Greed, But Will A Correction Come?

As Bitcoin made a new all-time high above $68k, the crypto market sentiment changed to extreme greed. Periods of such sentiment have lead to corrections in the past, but will the trend be similar this time? Bitcoin Fear And Greed Index Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index is now pointing at extreme greed as BTC makes a new ATH.

2021-11-10 22:00


Quant: Bitcoin Indicators Now Look Similar To Q4 2020, Big Move Ahead?

Quant says some Bitcoin indicators show the same trend as in during Q4 2020, suggesting that BTC could make a similar move up. Bitcoin Netflow And Stablecoins Supply Ratio Trends Look Similar To Q4 2020 As explained by an analyst in a CryptoQuant post, two BTC indicators: the netflow and the stablecoins supply ratio, are both trending similarly to how they did during the last quarter of 2020.

2021-9-30 22:00


As Bitcoin Breaks $50k, Indicators Look Similar To The Rally That Lead To ATH

As Bitcoin finally breaks $50k, on-chain data shows BTC indicators look similar to the rally that lead to the ATH earlier in the year. Bitcoin Indicators May Suggest A Repeat Of The ATH Rally From Earlier In 2021 As pointed out by a CryptoQuant post, the derivative exchanges’ reserve has been going down, while the funding rate has been turning slightly positive.

2021-8-24 22:00


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Not Even Bitcoin, Ethereum, Cardano Comes Close to Dogecoin As An Exchange Medium – Mark Cuban

Mark Cuban is one of the few billionaires that, similar to Elon Musk, is bullish on Dogecoin. The billionaire entrepreneur who among other franchises owns the NBA professional basketball team, the Dallas Mavericks, in an interview with CNBC’s ‘Make It’ segment on Friday, has called DOGE the “strongest” contender among digital currencies for widespread use […]

2021-8-16 14:45


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Best places to buy Lightning Bitcoin (LBTC) after surging 145% on Tuesday

On August 10, Lightning Bitcoin (LBTC), a relatively new cryptocurrency, made a surprising bullish surge that saw it rise by 145% in less than 24 hours. And contrary to other similar trends where the market tends to retrace to correct the sudden surge in prices, the Lightning Bitcoin (LBTC) seems set to continue building on […] The post Best places to buy Lightning Bitcoin (LBTC) after surging 145% on Tuesday appeared first on Invezz.

2021-8-13 20:07


How A Hammer & The Golden Ratio Could Mean 6 More Months Of Bullish Bitcoin

Bitcoin price is attempting to get back above $40,000, and with that milestone out of the way, $50,000 and $60,000 next stand in the way between it and another new all-time high. Although things have taken a bearish turn over the last quarter, the next two quarters in Bitcoin could end up being the most profitable yet, if a recurring theme involving a hammer reversal and the golden ratio results in a similar conclusion.

2021-8-5 23:00


Only 0.02% of Stimulus Checks Spent on Bitcoin, says Cleveland Fed

EIPs had a 3. 8% increase, a “significant but modest” effect in the volume of BTC/USD buy trading volume, same as in Japan, Singapore, and South Korea, which was limited to younger people. As such, policymakers shouldn’t be concerned about money being diverted to crypto when considering similar economic relief programs in the future, the Fed said.

2021-7-22 17:57


Bitcoin Preparing for a “Very Similar” Supply Shock as in October-November, says SkyBridge Capital CIO

As such, risk-reward for the “very non-correlated” asset Bitcoin is now “skewed again to the upside” as strong holders accumulate from those that got into the market late last year. The post Bitcoin Preparing for a “Very Similar” Supply Shock as in October-November, says SkyBridge Capital CIO first appeared on BitcoinExchangeGuide.

2021-7-13 15:27