Decoding the 155-day cycle: An analysis of long-term Bitcoin holders and market trends

2023-8-2 01:00

Quick Take

The study of long-term Bitcoin holders’ behavior, especially those who have maintained their investments for over 155 days, provides fascinating insights into market patterns. Our analysis employs historical data and current trends to anticipate potential future developments concerning long-term Bitcoin supply.

Long-Term Holder Supply Reaches All-Time Highs

At this juncture, we’ve observed an all-time high (ATH) in the long-term holder supply, reaching an impressive 14.5 million Bitcoin. This significant growth trend is not only worthy of attention but is also expected to escalate further.

155-Day Cycle and Market Events Before the FTX Collapse: Approximately 155 days before April 12th, the market witnessed the dramatic FTX collapse. This event represents a critical juncture in the recurring 155-day cycle, seemingly affecting the pattern of the long-term holder supply.Following the SVB Collapse: Currently, we are nearing the completion of 155 days since the SVB collapse, with approximately ten days remaining in this particular cycle Conclusion

The recurring 155-day pattern tied to significant market events offers a compelling viewpoint on long-term holder behavior. With the long-term supply already at ATHs and showing signs of further acceleration, understanding these cycles could prove invaluable for investors and market analysts alike. As we approach the end of the current 155-day cycle since the SVB collapse, careful observation and strategic planning will be vital in anticipating the potential impact on the Bitcoin market.

LTH vs Price : (Source: Glassnode)

The post Decoding the 155-day cycle: An analysis of long-term Bitcoin holders and market trends appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 68809.49 (-0.05%)
Объем 24H $41.346b
Изменеия 24h: 0.26 %, 7d: -4.13 %
Cегодня L: $66916.68 - H: $68910.37
Капитализация $1360.917b Rank 1
Цена в час новости $ 29613.27 (132.36%)

long-term bitcoin market trends holders analysis employs

long-term bitcoin → Результатов: 126


Bitcoin Long-Term Holders Stay Strong, Show Little Reaction To Crash

On-chain data shows that Bitcoin long-term holders have continued to hold strong recently as their exchange inflows have remained low. Bitcoin Long-Term Holder Supply Has Set A New All-Time High The “long-term holders” (LTHs) refer to all those investors who have been holding onto their coins since more than 155 days ago. Generally, the longer […]

2023-8-23 00:00


Litecoin Founder: Dollar-Cost Average In, Accumulate Crypto Now

While crypto prices may have ostensibly kicked the bucket, there are some optimists who have done their best to disregard prices, focusing on the adoption and development of this space instead. Charlie Lee: Long-Term Price Of A Crypto Indicates Levels of Success Ever since Bitcoin’s mind-boggling run, from $1,000 to $20,000 and subsequent decline, CNBC’s “Fast.

2018-8-28 14:00