Tag: bitcoin bearish signal

Sep 23 2022

Bitcoin Bearish Signal: Old Supply On The Move Again

On-chain data shows some old Bitcoin supply has recently been moved into exchanges, something that could be bearish for the crypto's price. Bitcoin Exchange Inflow CDD Has Spiked Up Over The Past Day As pointed out by an analyst in a CryptoQuant post, the long-term holders have deposited some coins to exchanges over the last day....

Sep 11 2022

Bitcoin Bearish Signal: Long-Term Holder Selling Ramps Up

On-chain data shows Bitcoin long-term holders have just ramped up their selling as the binary CDD metric shoots up. Bitcoin Binary Coin Days Destroyed Has Observed A Surge As pointed out by an analyst in a CryptoQuant post, long- term holders may be using the recent surge as an opportunity to distribute their coins. A...

Sep 02 2022

Bitcoin Bearish Signal: Miners Move 4.4k BTC to Binance

On-chain data shows Bitcoin miners have moved around 4.4k BTC to Binance, something that may prove to be bearish for the price of the crypto. Bitcoin Miner To Exchange Flow Has Spiked Up Over The Past Day As pointed out by an analyst in a CryptoQuant post, the recent transaction seems to have come from the Poolin mining pool. The relevant indicator...

Aug 28 2022

Bitcoin Bearish Signal: 7yr-10yr Old Coins Display Movement

On-chain data shows around 5k BTC that was sitting dormant since between 7 years to 10 years ago has just been moved, a sign that may be bearish for Bitcoin. Bitcoin Spent Output Age Bands Show Movement Of 7yr-10yr Old Coins As pointed out by an analyst in a CryptoQuant post, whenever such aged coins have moved before in this year, BTC...

Aug 14 2022

Bitcoin Miners Continue Distribution, Bad Sign For The Rally?

On-chain shows Bitcoin miners have been in a phase of distribution recently, a sign that could prove to be bearish for the price of the crypto. Bitcoin Miner Reserve Observes Downtrend As Miners Look To Dump As pointed out by an analyst in a CryptoQuant post, the latest selling from BTC miners may force the price down in the short term. The "miner...

Aug 08 2022

Bitcoin Bearish Signal: Leverage Ratio Spikes Up

On-chain data shows both the Bitcoin leverage ratio and the futures open interest has spiked up recently, a sign that may turn out to be bearish for the crypto's price. Bitcoin Estimated Leverage Ratio And Open Interest Surge Up As pointed out by an analyst in a CryptoQuant, the BTC futures market seems to have been heating up during the past day. To...

Jun 28 2022

Bitcoin Bearish Signal: Coinbase Receives Large Inflows

On-chain data shows the crypto exchange Coinbase Pro has received a large amount of Bitcoin inflows today, a sign that could prove to be bearish for the coin's price. Coinbase Pro Observes Bitcoin Exchange Inflows Of About 3.5k BTC As pointed out by an analyst in a CryptoQuant post, Coinabse Pro has today received big inflows from supply not moved since at...

Jun 17 2022

Bitcoin Miners Continue To Sell As Outflows Spike Again

On-chain data shows Bitcoin miners have continued their selling as outflows from their wallets have once again spiked up. More Than 2.5k BTC Flows Out Of Bitcoin Miners' Reserve As pointed out by an analyst in a CryptoQuant post, BTC miners from Poolin look to have sold big over the past 24 hours. The "...

Apr 12 2022

Bitcoin Bearish Signal: Leverage Ratio Continues To Hit New Highs

On-chain data shows the Bitcoin estimated leverage ratio has continued to hit new highs recently, a sign that could be bearish for the price of the crypto. Bitcoin Estimated Leverage Ratio Continues To Set New Highs As pointed out by an analyst in a CryptoQuant post, the BTC leverage ratio has been moving up since a while now. The "estimated leverage...

Apr 08 2022

Data Shows Bitcoin Miners Have Sold Big Recently

On-chain data suggests Bitcoin miners seem to have dumped big recently as their outflow has spiked to the largest value since more than a year ago. Bitcoin Miner Outflows Have Observed A Large Spike Recently As pointed out by an analyst in a CryptoQuant post, F2Pool miner wallets transferred a huge amount of coins shortly before the price of BTC observed a...

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