Forwarded from Glassnode
The second instalment of the #Bitcoin Survival Guide is now live, where we cover the concept of #Bitcoin Floor models.
There is no single answer to a Bear Market bottom, which is why analysts seek confluence across numerous on-chain metrics.
Watch our video analysis here.
There is no single answer to a Bear Market bottom, which is why analysts seek confluence across numerous on-chain metrics.
Watch our video analysis here.
YouTube
Bitcoin Bear Market Survival Guide Part 2 - Spotting Undervaluation (Bitcoin Onchain Analysis 101)
This guide is part 2 of a series seeking to navigate a Bitcoin Bear Market. There are many models for the valuation of Bitcoin, and on-chain tools allow us to identify confluence between fundamentals, and investor sentiment.
Watch Part 1 of the Guide: h…
Watch Part 1 of the Guide: h…
Forwarded from Glassnode
#Bitcoin continues to consolidate around the $38k level as the bulls attempt to put in a price floor.
In this edition, we analyse inflows to exchanges, with a particular focus on whether $BTC holders are fearful.
Read our analysis in The Week On-chain
In this edition, we analyse inflows to exchanges, with a particular focus on whether $BTC holders are fearful.
Read our analysis in The Week On-chain
Forwarded from Glassnode
The #Bitcoin bulls are working hard to create a price floor, whilst the bears continue to apply sell-side pressure.
As #Bitcoin consolidates in a delicate equilibrium, we deep dive into $BTC flows into exchanges to gauge the characteristics of sellers.
Watch our Video Analysis here.
As #Bitcoin consolidates in a delicate equilibrium, we deep dive into $BTC flows into exchanges to gauge the characteristics of sellers.
Watch our Video Analysis here.
Forwarded from Glassnode
Tracking on-chain #Bitcoin accumulation can be complex and nuanced to accurately analyse.
We are pleased to release the #Bitcoin Accumulation Trend Score, a metric designed to track when larger players or a large part of the market is accumulating.
The Accumulation Trend Score trades between values of 0 and 1 with the following interpretation:
1 = Whales and/or large parts of the market are accumulating.
0 = Macro distribution by the market.
This metric is calculated by combining wallet participation in different cohorts, with balance change to assess buy-side pressure.
Out methodology and example interpretation is available on Glassnode Academy.
See the Accumulation Trend Score on studio.
We are pleased to release the #Bitcoin Accumulation Trend Score, a metric designed to track when larger players or a large part of the market is accumulating.
The Accumulation Trend Score trades between values of 0 and 1 with the following interpretation:
1 = Whales and/or large parts of the market are accumulating.
0 = Macro distribution by the market.
This metric is calculated by combining wallet participation in different cohorts, with balance change to assess buy-side pressure.
Out methodology and example interpretation is available on Glassnode Academy.
See the Accumulation Trend Score on studio.
EU Crypto regulation proposal- to be voted on Monday:
https://eur-lex.europa.eu/resource.html?uri=cellar:f69f89bb-fe54-11ea-b44f-01aa75ed71a1.0001.02/DOC_1&format=PDF
https://eur-lex.europa.eu/resource.html?uri=cellar:f69f89bb-fe54-11ea-b44f-01aa75ed71a1.0001.02/DOC_2&format=PDF
From this EU website: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593
https://eur-lex.europa.eu/resource.html?uri=cellar:f69f89bb-fe54-11ea-b44f-01aa75ed71a1.0001.02/DOC_1&format=PDF
https://eur-lex.europa.eu/resource.html?uri=cellar:f69f89bb-fe54-11ea-b44f-01aa75ed71a1.0001.02/DOC_2&format=PDF
From this EU website: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593