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Bitcoin On-Chain Data Shows Possible Undervaluation of BTC Price

A Bitcoin on-chain metric, the Puell Multiple, temporarily fell to the “undervalued zone” before snapping back as BTC prices recovered, data from GlassNode on July 5 shows. The Puell Indicator Falling in lockstep with Bitcoin Hash Rate According to a screen-grab, the indicator has been used by on-chain analysts to pick out bottoms on severalRead More дальше »

2021-7-5 14:00


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Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’

While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding […] дальше »

2021-1-24 03:30


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Calling Tops and Bottoms: 2020’s Most Popular Bitcoin Traders and Analysts

Bitcoin and cryptocurrency trading is quite popular these days. With the price upswings and volatility in 2020, crypto traders have made and lost a lot of money. In the last few years, a number of digital currency enthusiasts have been attracted to professional traders and analysts routinely publishing technical analysis (TA) online. дальше »

2020-11-16 21:35


Altcoin Market Bottoms With Highest Buy Volume in Crypto History

Last week the altcoin market exploded, bursting through local downtrend resistance and going on a rally that added over $30 billion in value to the overall crypto market cap sans Bitcoin. The breakout was accompanied by the highest level of buy volume on the total altcoin market cap weekly price chart, which could indicate that... The post appeared first on NewsBTC. дальше »

2020-1-21 22:00


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How Can We Be Sure That Bitcoin Price Has Bottomed?

Analysts have been repeatedly (and incorrectly) calling the Bitcoin price bottom for over a year now, pretty much since prices started falling. So before diving headlong back into its murky waters, how can we be sure things are different this time? Comparison To Other Bubble Bottoms One way might be to look at great bottoms from history (I’m gonna let you make your own jokes) for comparison. дальше »

2019-4-7 13:00