On-chain analytics firm Glassnode has revealed how the smaller Bitcoin investor cohorts shifted toward distribution in the recent rally. Bitcoin Accumulation Trend Score Shows Selling From Small Entities In a new Accumulation Trend Score. This on-chain indicator basically tells us about whether BTC investors are accumulating or distributing right now. The metric accounts for two…
Tag: bitcoin rally
Bitcoin STH Profit-Taking Ramps Up As Price Breaks $74,000
On-chain data shows the Bitcoin short-term holders have responded to the latest price rally by participating in profit realization. Bitcoin Short-Term Holders Have Shown A Realized Profit Spike In a new Realized Profit here refers to an indicator that measures, as its name suggests, the total amount of profit being harvested by BTC investors through…
Bitcoin Blasts To $92,000, Liquidating $182 Million In Shorts
Bitcoin has turned itself around with a sharp surge to $92,000, unleashing a fresh wave of short liquidations on the derivatives exchanges. Bitcoin Has Seen A Flash Recovery Back To $92,000 Bitcoin suffered a blow on Monday as its price slipped under $84,000, but just as quickly as it had crashed, the cryptocurrency has made…
Bitcoin Fear & Greed Index Returns To Neutral As BTC Breaks $115,000
Data shows the Bitcoin Fear & Greed Index has surged back into the neutral zone after the recovery rally in the cryptocurrency’s price. Bitcoin Fear & Greed Index Now Has A Value Of 51 The “Fear & Greed Index” refers to an indicator created by Alternative that measures the average sentiment present among traders in…
Bitcoin Plummets To $120,600: This Could Be The Next Support
Bitcoin has seen a pullback below the $121,000 mark in the past day. Here’s where the next support level could lie, according to on-chain data. Bitcoin Has Witnessed A Fast Plunge During The Last 24 Hours Bitcoin looked to be entering into an extended all-time high (ATH) exploration mode as it set multiple new records…
Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report
Data of the Bitcoin Stablecoin Supply Ratio suggests investors have stronger purchasing power today than during the previous bull rally. Bitcoin Stablecoin Supply Ratio Showing Neutral Purchasing Power In its latest weekly report, the on-chain analytics firm Stablecoin Supply Ratio (SSR) of Bitcoin. This indicator measures the ratio between the Bitcoin supply and the supply…
Bitcoin Setting Up For ‘Large Move’ Amid $103,000 Retest – Key Levels To Watch
Amid the tension in the Iran-Israel conflict, the cryptocurrency market experienced another daily pullback. Bitcoin (BTC), which had just recovered from Friday’s drop, erased its recent gains and recorded a 4.5% dip to the $103,000 mark in the past 24 hours. However, some analysts believe that the flagship crypto is preparing for a big move…
Bitcoin Defies Bears: Price Nears $108,000 Despite $250M Exchange Inflows
On-chain data shows the exchanges recently received a large amount of Bitcoin inflows, but so far, the asset’s price has only been going up. Bitcoin Has Seen A Spike In Exchange Inflows Recently In a new Exchange Netflow is an on-chain indicator that keeps track of the net amount of the asset that’s moving into…
Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows
Data shows the Bitcoin derivatives trading volume has been higher than the spot one during BTC’s latest recovery rally beyond $100,000. Bitcoin Trading Volume Ratio Has Declined Under The 1.0 Mark Recently In a new Trading Volume Ratio for Bitcoin. The “Trading Volume Ratio” is an indicator that keeps track of the ratio between the…
Bitcoin Sentiment Nearly Back To Neutral—Green Sign For Rally?
Data shows the Bitcoin Fear & Greed Index is close to the neutral territory again, a sign that market sentiment has seen a cooldown. Bitcoin Fear & Greed Index Is Now Close To Edge Of Greed Territory The “Fear & Greed Index” is an indicator created by Alternative that tells us about the sentiment held by…