What to Expect from Bitcoin's Price in the Near Future?
"Drawing from historical patterns, I anticipate that the previously observed strategy will recur: newcomers will likely buy in at higher prices..."
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by AxelAdlerJr | @cryptoquant_official
You had 6 months to accumulate, but you chose to believe that on-chain indicators don't work.💡
"While many focused on following the news and engaging with the diverse daily narratives, on-chain market cycles have emerged as valuable tools for guiding positioning strategies."
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by caueconomy | @cryptoquant_official
Bitcoin bullish sentiment on the rise
"The Take Buy Sell Ratio indicator, which rose from its lows in November-December 2022, showed a similar trend this time."
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by crypto sunmoon | @cryptoquant_official
Short-term holders realized profits
"Such movements often occur after a strong rise in a bull market, each time followed by a sideways or correction period."
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by Dan Lim | @cryptoquant_official
Fund Market Premium's Role in Bitcoin's Performance
" If this metric persists in its upward trend and the price of Bitcoin surpasses the critical level of $32,000, it could trigger a substantial price surge."
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by Tarekonchain | @cryptoquant_official
STH Cost Basis based on UTXO Age Bands - Possibly support at $28k?
"Considering that the STH cost basis: of $27.9k derived from today's analysis is very close to the existing resistance, it appears that the transition from Resistance → Support is taking place. However, the Realized Cap dominance of the 0d~6m Age bands was 29.7% at August but has now decreased significantly to 26.3%."
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by Yonsei_dent | @cryptoquant_official
The Next Wave of Bitcoin Institutional Adoption: The Launch of Spot ETFs
- SPOT ETFS AS THE NEW WAY OF INSTITUTIONAL ADOPTION.
- IMPLICATIONS OF ETF APPROVALS FOR BITCOIN MARKET CAPITALIZATION.
Prepared by our Head of Research, Julio Moreno.
Click to Read | @cryptoquant_official
Monitoring the Bitcoin network metrics to determine the fundamental of network and hidden demand.
"1. The drop in the Active Addresses and Transaction Count suggests that the Bitcoin network activity has decreased. This happened because there were fewer new investments coming into the crypto market, resulting in less liquidity and therefore less price volatility.
2. Additionally, the total number of Tokens Transferred shows that there hasn't been a meaningful shift between whales and institutional investors, which suggests that the chances of a rally occurring in the near future are low.
3. However, this situation is not necessarily bad: The hashrate and mining difficulty, which are indicators of BTC network fundamentals, are trending upwards and remain healthy."
by MAC_D | @cryptoquant_official
Selling Pressure from Short-Term Holders
"When the STH NUPL values are above 0, short-term holders (STH) can realize a profit by selling their coins."
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by AxelAdlerJr | @cryptoquant_official
If ‘changing hands’ of BTC is gradually completed in 2024 like 2020...
"The movement of the price and Dormancy are quite similar to those in 2019 when the market went from the bottom to the recovery period."
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by Yonsei_dent | @cryptoquant_official
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The 2021-2022 bear market base is still pressing on Bitcoin.
"Resistance from a bear market base is historically the final frontier for scaling a bull run from a technical analysis perspective."
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by BaroVirtual | @cryptoquant_official
Historic Inflow of 14,924 BTC into Kraken: A Signal for Investors?
"The influx of 14,924 BTC deserves special attention as it is the largest recorded on Kraken since 2018."
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by joaowedson | @cryptoquant_official
3 Things you need to know about MicroStrategy and Bitcoin.
1. How many Bitcoins does MicroStrategy hold?
From January 2020 to today, MicroStrategy has accumulated 158,245 $BTC. With the recent acquisition, MicroStrategy now holds 0.8% of Bitcoin's total supply.
2. How much has MicroStrategy spent on $BTC?
This latest acquisition of 5,445 BTC comes at $147 million, which sets MicroStrategy's total invested amount on Bitcoin to $4.7B.
3. Is MicroStrategy in a profit now?
Just a month ago, MicroStrategy was in an unrealized profit. However, the current value of MicroStrategy's Bitcoin sits at $4.15B. This means MicroStrategy is experiencing an unrealized loss of $550M.
Follow the details of MicroStrategy's Bitcoin Strategy in CryptoQuant.
Live Dashboard | @cryptoquant_official
Is There a possible Short Squeeze Event on the Horizon for Ethereum?
"Consistent negative funding rates can potentially trigger a cascade of short liquidations, which in turn could lead to a sudden price rebound."
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by Greatest_Trader | @cryptoquant_official
Post-Rally Stability: A Closer Look at Open Interest and Market Sentiment
"It's essential to note that significant short and long liquidations have not materialized as of yet, and market volatility has not experienced a sharp surge"
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by Lidja Jahollari | @cryptoquant_official
BTC approaching the overheating zone!
"Futures OI entered overheating territory in June '23, and within two months, its price plummeted. The same thing happened in Oct '22.."
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by SignalQuant | @cryptoquant_official
Increasing interest from indirect investors
"The total amount of coins held by digital assets holding such as trusts, increased significantly on news of the potential approval of a bitcoin ETF in the United States, jumping to 691K from 683.5K."
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by Grizzly | @cryptoquant_official
Bitcoin Price Recovers Strong Resistance Level After 17 Months
"If the price of Bitcoin can hold $31.9K, we could see a stronger uptrend."
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by crypto sunmoon | @cryptoquant_official
BTC, potential for further rise in a short term
"Bitcoin, which has been trending upward since early 2023, mostly rebounds or rises whenever the SOPR indicator touches the lower part of the Bollinger Band."
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by Dan Lim | @cryptoquant_official
The USA whale was involved in this spot ETF approval fraud
"Bitcoin rose and immediately fell due to Cointelegraph's false Bitcoin spot ETF approval information."
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by Dan Lim | @cryptoquant_official
Exchage Stablecoins Ratio (USD) would be a positive performance?
"The formula for the exchange's stablecoin (USD) is "BTC reserve / ALL stablecoins reserve. In other words, the formula is potential selling pressure / potential buying pressure."
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by Crypto_Lion | @cryptoquant_official
The recent historical low in the Bitcoin short-term Supply:
"...the return of confidence and the level of hope among short-term holders are crucial for the long-term price growth."
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by Crazzyblockk | @cryptoquant_official
What insights can we get from Data on the Sub-1 Month Supply?
"1. Historically, the percentage of realized capitalization for this age band (1d -1m) illustrates market progression, evident in peak or trough areas, in line with market price history.
2. Data on the change in realized capitalization of this age band in USD also shows similarities
The current change in this data (in blue and green) shows an inconsistent recovery, partly due to general market sentiment, including macroeconomic and geopolitical issues."
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by BinhDang | @cryptoquant_official
200 Days Until the Halving
"As a unique asset class, bitcoin has allowed millions of retail investors to front-run institutions, however the opportunity will not last forever."
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by oinonen_t | @cryptoquant_official
Analyzing Short-Term Holder PNL & Long-Term Holder PNL: Insights from Recent Bitcoin Exchange Activity
"The short-term holders have chosen to take advantage of BTC's upward momentum, particularly the surge to $28,500."
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by onchained | @cryptoquant_official
BTC - The Bottom Has Passed But Still Attractive Price
"The attached chart shows how much people around the world were interested in Bitcoin in Google Trends, and is additionally an indicator of the proportion of Bitcoins estimated to have been purchased between 1 week and 1 month ago."
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by Dan Lim | @cryptoquant_official
Price movements have been driven by the opposite of investors' bets.
"When the bitcoin futures market's funding rate, both positive and negative, exceeds 0.025%, it can be considered an overbought and oversold point."
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by crypto sunmoon | @cryptoquant_official
Bitcoin spot trading volume drops to 6-year low🚨
"People are more interested in holding their coins, believing in their future value, than selling at the first sign of profit."
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by caueconomy | @cryptoquant_official
Bitcoin market liquidity decrease
"The trading volume of Bitcoin in the spot and futures markets is one of the most critical components for ensuring liquidity to support price growth."
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by Crazzyblockk | @cryptoquant_official