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This Bitcoin Metric Is Forming A ‘Triple Bottom,’ Here’s What Happened Last Time

On-chain data shows the Bitcoin active addresses metric is forming a triple bottom right now. Here’s what happened the last time this pattern formed. 30-Day WMA Bitcoin Active Addresses Forms Triple Bottom Structure As pointed out by an analyst in a CryptoQuant post, the price of the cryptocurrency saw a sharp increase when this kind of triple bottom structure took shape back during the 2018-2019 bear market. дальше »

2023-3-7 22:30


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New Demand Expected To Change Bitcoin’s Market Structure Significantly

Bitcoin has been witnessing a renewed short-term market recovery characterized by new demand from a category of new investors expecting to make some money from the current price pump. According to a recent on-chain metrics analysis by Glassnode, this is likely to spark a new market cycle and see Bitcoin moving further away from the […] дальше »

2023-2-11 00:20


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Ethereum Bearish Signal: Profit-Taking Hits Highest Level Since Feb 2021

On-chain data shows Ethereum profit-taking has spiked to high levels not seen since February 2021, a sign that could be bearish for the asset’s price. Ethereum Profit Taking Rises As ETH Continues To Rally As per data from the on-chain analytics firm Santiment, this profit-taking may suggest that the holders don’t believe the rally would last too long. дальше »

2023-2-3 16:16


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Dogecoin Bullish Signal: On-Chain Activity Shows “Major Boost”

Data shows Dogecoin has seen a major boost in its on-chain metrics recently, something that may be bullish for the meme coin’s price. Dogecoin Whale Transactions And Active Addresses Have Surged Recently According to data from the on-chain analytics firm Santiment, a couple of DOGE on-chain metrics are at two-month highs right now. The relevant […] дальше »

2023-2-2 18:30


Bitcoin Short-Term Holder Profit-Taking Spikes, Will BTC Price Recover?

On-chain data shows Bitcoin short-term holder profit-taking has spiked, will this lead to a correction in the price of the crypto? Bitcoin Short-Term Holder SOPR Has Surged Recently As pointed out by an analyst in a CryptoQuant post, instances of the current trend have led to declines in the crypto’s price in the past. дальше »

2023-1-26 19:20


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Bitcoin Surges To 23,000 As Miners Sales Sees Multi-Year Low

Bitcoin has continued with its bullishness as it surged its price above the USD$23,000 level, a positive signal amid miners reduced the sales of their mined coins. On-chain flows flagged by Bitifinex analysts indicate that the amount of Bitcoin moved from Bitcoin mining addresses to wallets owned by cryptocurrency exchanges has declined to multi-year lows. дальше »

2023-1-24 22:00