Tag: bitcoin on-chain metrics

Oct 19 2022

How Bitcoin On-Chain Metrics Hint At A Long-Term Bottom

Predicting the bitcoin bottom is something that is done with much fervor by investors in the space since it often means more profit if they can accurately catch the bottom. It often proves to be a difficult task but using blockchain metrics can provide some guidance. Presently, these blockchain metrics have fallen to new lows, which could point toward a possible bottom for...

Aug 23 2022

These On-Chain Metrics Explain the Underlying Weakness in BTC Rally

The brief rally in Bitcoin and the broader cryptocurrency market has come to a halt as all selling pressure mounts. Bitcoin's (BTC) price has corrected more than 12% over the last week currently trading around $21,000....

Feb 21 2022

On-Chain Metrics: The Green and Red Signals to Watch for Bitcoin (BTC)

The world's largest cryptocurrency Bitcoin (BTC) continues to remain under pressure after...

Feb 12 2022

Incoming Bullish Signal Spotted On Bitcoin’s On-chain metrics

The Bitcoin on-chain data is showing that sentiment is highly bullish in the current market. The Short-term Output Profit Ratio (SOPR) metric, which indicates the behavior of market participants, has just flashed a highly bullish signal....

Is The Bottom In For Bitcoin? Key Bitcoin On-Chain Indicator Flashes Bullish Signal

The Bitcoin on-chain data is showing that sentiment is highly bullish in the current market. The Short-term Output Profit Ratio (SOPR) metric, which indicates the behavior of market participants, has just flashed a highly bullish signal....

Nov 09 2021

Sep 03 2021

May 14 2021

Despite Crashing Under $50,000, Bitcoin (BTC) On-chain Fundamentals Showing Strength Once Again

On Thursday, the Bitcoin (BTC) price went crashing under $50,000 levels after Tesla announced...

Apr 17 2021

Bitcoin (BTC) Downside Looks Limited As Coinbase Premium Shoots Significantly High

After hitting its all-time high above $64,500 on the day of the Coinbase (NASDAQ: COIN) listing, Bitcoin (BTC) has retraced partially with a bit of downward pressure. On Friday, April 16, Bitcoin (BTC) took a dip below $61,000 levels after news broke out that one of the major BTC markets - Turkey - has issued a ban on crypto trading. However, the Bitcoin...

Apr 12 2021

All On-chain Metrics for Bitcoin (BTC) Point Towards Further Bull run, $62K Coming Soon?

Over the last weekend, the world's largest cryptocurrency Bitcoin (BTC) moved past $61,000 levels for the first time after hitting its all-time high on March 31. Currently, Bitcoin is consolidating at $60,084 with a market cap of $1.12...

Apr 06 2021

As Bitcoin (BTC) Approaches $59K, Buy Calls Hit 3-Week High

The overall cryptocurrency market cap has reached $2 trillion as Bitcoin continues to show strength making a move to $59K levels. Although, Bitcoin faces strong resistance at $60K its volatility has reduced as the BTC price is...

Jan 31 2021

Jan 18 2021

Bitcoin Price All Set to Move up After two Quiet Weeks, Breaks Binance Whale Sell Wall at $36.5K

Bitcoin price is currently trying to regain its position above $40,000 having spent the past two weeks in the $35k - $40k price range, after experiencing a near 23% drop last Monday. The Bitcoin whales are currently dominating the...

Jan 11 2021

Amid Correction, Bitcoin (BTC) On-Chain Fundamentals Remain Strong, Smaller Whales Accumulate

Bitcoin (BTC) has entered its first sharp correction of 2021 after a solid price rally last week! The latest correction comes as the overall crypto- market seems to be in a bloodbath with valuations slipping below $1 trillion....

Jan 03 2021

Bitcoin (BTC) At $34,000, Average Trader Returns At Historic High Levels

Bitcoin (BTC) is hitting new highs almost every few hours! In less than 24 hours of...

Dec 04 2020

Editorial: Bitcoin Adoption Faster Than Internet and Mobile Phones

Bitcoin in 2020 is proving to be a true hedge against inflation as more mainstream financial giants are coming out in support of the top cryptocurrency and making it available to their clients. Many...

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