The $BTC buy-the-dip indicator says we're still in a strong buy zone.
After the price plunge, there have been subsequent exchange inflows by whales for two reasons.
1/ In the bull market: To sell it at the local high. They sell when the retail investors are active on exchanges.
2/ In the bear market: To sell it if the unusual fear-sell happens.
Analyst: Ki Young Ju | View Chart | How to Set This Indicator
After the price plunge, there have been subsequent exchange inflows by whales for two reasons.
1/ In the bull market: To sell it at the local high. They sell when the retail investors are active on exchanges.
2/ In the bear market: To sell it if the unusual fear-sell happens.
Analyst: Ki Young Ju | View Chart | How to Set This Indicator
#Binance hourly open interest moving average crossovers (100/200) has provided good risk mngt signals since late-Oct
Large death cross after last week's run-up hasn't reversed, thus #bitcoin could trade sideways or drift lower until a fresh golden cross
Analyst: Christopher ₿rookins
Large death cross after last week's run-up hasn't reversed, thus #bitcoin could trade sideways or drift lower until a fresh golden cross
Analyst: Christopher ₿rookins
An unusually high amount of $BTC has been transferred to
#Gemini wallets.
Analyst: Blackbeard | View Chart
#Gemini wallets.
Analyst: Blackbeard | View Chart
There has been an exodus of Bitcoin on exchanges in 2020.
The lack of tradable Bitcoin causes a supply shock to buyers & increases the probability of positive price movements.
This is typical of the start of a bull market.
Orange= BTC supply down >5% in 1mth.
89% Bullish.
Analyst: Charles Edwards | View Chart
The lack of tradable Bitcoin causes a supply shock to buyers & increases the probability of positive price movements.
This is typical of the start of a bull market.
Orange= BTC supply down >5% in 1mth.
89% Bullish.
Analyst: Charles Edwards | View Chart
It seems exchanges using #Infura suspend withdrawing $ETH and #ERC20 tokens. For example, the largest exchange #Upbit was not hacked. Their outflow looks normal.
When #Upbit was hacked in Nov 2019, the outflow skyrocketed before the withdrawal limits.
Upbit Announcement | View Chart | @cryptoquant_official
When #Upbit was hacked in Nov 2019, the outflow skyrocketed before the withdrawal limits.
Upbit Announcement | View Chart | @cryptoquant_official
CryptoQuant
#Binance hourly open interest moving average crossovers (100/200) has provided good risk mngt signals since late-Oct Large death cross after last week's run-up hasn't reversed, thus #bitcoin could trade sideways or drift lower until a fresh golden cross …
Additionally, un-smoothed binance open interest was trying to recover yesterday, but 100 hr MA was acting as resistance (rejected 3x), thus bitcoin probably wouldn't head higher until un-smoothed OI breaks above this resistance MA. (image 1)
Today, un-smoothed hourly open interest recovered strongly, bursting back above 100/200 MAs.
Bull crossover still has a little bit to go, but if achieved, expecting further upside for #btc in near-term. (image 2)
Analyst: Christopher ₿rookins
Today, un-smoothed hourly open interest recovered strongly, bursting back above 100/200 MAs.
Bull crossover still has a little bit to go, but if achieved, expecting further upside for #btc in near-term. (image 2)
Analyst: Christopher ₿rookins
We might have some $BTC corrections here as the exchange whale ratio(72h MA) hits over 85%, but I think it won't be a mass-dumping.
Before the great sell-offs in 2018 and 2020, the exchange whale ratio(72h MA) were ranging btw 85%-90%. In the 2019 bull market, Exchange Whale Ratio kept below 85%
Analyst: Ki Young Ju | View Chart | Upgrade to Pro to see 72h MA
Before the great sell-offs in 2018 and 2020, the exchange whale ratio(72h MA) were ranging btw 85%-90%. In the 2019 bull market, Exchange Whale Ratio kept below 85%
Analyst: Ki Young Ju | View Chart | Upgrade to Pro to see 72h MA
We got back to the safe zone.
The $BTC correction was smaller than I expected. Obviously, the bull market will continue till this Exchange Whale Ratio will range between 85-90%.
Analyst: Ki Young Ju | View Chart | Upgrade to Pro to see 72h MA
The $BTC correction was smaller than I expected. Obviously, the bull market will continue till this Exchange Whale Ratio will range between 85-90%.
Analyst: Ki Young Ju | View Chart | Upgrade to Pro to see 72h MA
I think massive $BTC OTC deals are still on-going.
Tokens Transferred(not entity-adjusted) is increasing, indicating that big wallets are moving their funds.
Fund Flow Ratio is decreasing, meaning that exchanges didn't make these transactions.
Analyst: Ki Young Ju | View Chart
Tokens Transferred(not entity-adjusted) is increasing, indicating that big wallets are moving their funds.
Fund Flow Ratio is decreasing, meaning that exchanges didn't make these transactions.
Analyst: Ki Young Ju | View Chart
In Nov, hourly #binance open interest (blue line) and #btc price (orange line) have been pretty correlated.
Since yesterday, OI has been dropping while price pumps, which could indicate a pullback in price on the horizon, i.e. divergence
Analyst: Christopher Brookins
Since yesterday, OI has been dropping while price pumps, which could indicate a pullback in price on the horizon, i.e. divergence
Analyst: Christopher Brookins
This chart shows you that the biggest supply holders (miners) are not selling their $BTC and may be holding for higher prices.
Less supply pressure on exchanges = Easy slicing through prices UP 🔼📈
Analyst: Alpha Trades
Less supply pressure on exchanges = Easy slicing through prices UP 🔼📈
Analyst: Alpha Trades
CryptoQuant
We might have some $BTC corrections here as the exchange whale ratio(72h MA) hits over 85%, but I think it won't be a mass-dumping. Before the great sell-offs in 2018 and 2020, the exchange whale ratio(72h MA) were ranging btw 85%-90%. In the 2019 bull market…
There are still not many $BTC whales on the exchange.
I think the long-term bullish trend will continue.
Analyst: Ki Young Ju | View Chart
I think the long-term bullish trend will continue.
Analyst: Ki Young Ju | View Chart
Some miners are selling $BTC, but not that many.
30-day MA of MPI(Miners' Position Index) is increasing but keep below 2.
Long-term bullish.
Analyst: Ki Young Ju | View Chart
30-day MA of MPI(Miners' Position Index) is increasing but keep below 2.
Long-term bullish.
Analyst: Ki Young Ju | View Chart
Dear $BTC shorters,
You can call me a moon boy, but unfortunately, there won't be a mass-dumping like March this year.
Exchange Whale Ratio(90-day MA) is still very low. Long-term bullish is inevitable.
Analyst: Ki Young Ju | View Chart
You can call me a moon boy, but unfortunately, there won't be a mass-dumping like March this year.
Exchange Whale Ratio(90-day MA) is still very low. Long-term bullish is inevitable.
Analyst: Ki Young Ju | View Chart
By linear calculation, we'll see the $ETH 2.0 mainnet on Jan 15, 2021.
Some analysts said that ETH whales are waiting till the last moment to deposit their ETH.
View Chart | @cryptoquant_official
Some analysts said that ETH whales are waiting till the last moment to deposit their ETH.
View Chart | @cryptoquant_official