Bitcoin recently reached impressive highs, sparking excitement across the market. However, beneath the surface, data reveals significant activity that could signal a shift. Are we heading for a pause? Let’s dive into what the data on Bitcoin and its holders is telling us. Understanding Bitcoin Profit Taking One of the most watched indicators in the […]
Are you wondering where the Bitcoin price is headed next? A notable observation from a CryptoQuant analyst suggests there could be significant room for growth. In a recent update shared on the X platform, CryptoQuant analyst Axel Adler Jr. highlighted a key on-chain metric pointing towards continued bullish momentum for Bitcoin. The focus is on […]
Are you watching the Bitcoin market and wondering who is buying and who is selling? The latest data reveals a clear divergence in behavior between different types of Bitcoin holders, offering valuable insights into current market dynamics. It appears long-term players are doubling down on their convictions. What Are Long-Term Bitcoin Holders Doing? According to […]
Is Bitcoin on the verge of a bullish surge or poised for another dip? Crypto traders are closely watching on-chain metrics for clues, and one indicator in particular is flashing a critical signal: the Bitcoin short-term holder SOPR. According to recent analysis from Glassnode, this key metric is once again testing the pivotal 1.0 breakeven […]
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