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BITCOIN LOSES 40K SUPPORT

BITCOIN LOSES 40K SUPPORT TRIGGERING ‘DOUBLE TOP’ SPECULATIONS ONCE AGAIN, SENTIMENT STILL AT EXTREME FEAR

BITCOIN ON-CHAIN CHARTS UPDATE After trying to get past $43k yesterday, Bitcoin is yet again down and has lost the $40k support level. Currently trading at $38,942.26 at the time of writing, BTC is still thriving amid bears calling $69k was the double top. This speculation going on in social media made the sentiment on …

BITCOIN LOSES 40K SUPPORT TRIGGERING ‘DOUBLE TOP’ SPECULATIONS ONCE AGAIN, SENTIMENT STILL AT EXTREME FEAR Read More »

Bitcoin Charts Update: Bitcoin CDD

BITCOIN LIVELINESS CHART SHOWS LONG-TERM INVESTORS ACCUMULATING SINCE JULY 2021, OTHER CHARTS STILL PRINTING OVERSOLD

BITCOIN ON-CHAIN CHARTS UPDATE Nothing’s happening much on Bitcoin lately. We are running a 3-day streak in Extreme Fear Sentiment at 24. If you can look at the chart below, we have been having multiple bear market sentiments in the middle of a lengthening bull cycle. I’m introducing a new chart: Bitcoin Liveliness Chart. This …

BITCOIN LIVELINESS CHART SHOWS LONG-TERM INVESTORS ACCUMULATING SINCE JULY 2021, OTHER CHARTS STILL PRINTING OVERSOLD Read More »

Bitcoin Charts Update: Bitcoin CDD

BITCOIN SENTIMENT STILL AT EXTREME FEAR; NVT SIGNAL REPLICATING JULY TREND

BITCOIN UPDATE Bitcoin is currently trading at $41,723.80 and still got no interesting movement for weeks now. Bitcoin Fear and Greed Index is still printing Extreme Fear across the market. Retail investors are most likely hesitant in buying at the moment wherein, all the while, smart money is accumulating since October last year. Take a …

BITCOIN SENTIMENT STILL AT EXTREME FEAR; NVT SIGNAL REPLICATING JULY TREND Read More »

Bitcoin Charts Update: Bitcoin CDD

BITCOIN ACTIVE ADDRESSES SENTIMENT SHOWS BEARISH IN THE SHORT TERM; BITCOIN PRICE STALLING

BITCOIN UPDATE Bitcoin is currently trading at $42,202.29 and has been showing no confirmations whether we are still in a bull cycle or have started the dreaded bear market. But we have the charts to look at to balance our wavering sentiments. According to the 200-Week Moving Average Heatmap, we haven’t had the top yet, …

BITCOIN ACTIVE ADDRESSES SENTIMENT SHOWS BEARISH IN THE SHORT TERM; BITCOIN PRICE STALLING Read More »

Bitcoin Charts Update: Bitcoin CDD

BITCOIN ON-CHAIN CHARTS TRENDING DOWN INTO BUY ZONES WHILE RHODL RATIO LOOKS LIKE A BEAR MARKET IN THE MAKING?

BITCOIN CHARTS Looking at the chart below, I put all major on-chain charts on top of each other to get a better view of what’s going on. Since the all-time high last October, MVRV Ratio, MVRV Z-Score, NUPL, and NVT Signal have been declining and gradually going into a buy signal. However, RHODL Ratio is …

BITCOIN ON-CHAIN CHARTS TRENDING DOWN INTO BUY ZONES WHILE RHODL RATIO LOOKS LIKE A BEAR MARKET IN THE MAKING? Read More »

Bitcoin Charts Update: Bitcoin CDD

BITCOIN CDD (COIN DAYS DESTROYED) CURRENTLY SHOWING LONG-TERM INVESTORS STAYING STILL

BITCOIN CDD BULLISH Today, I’m bringing in a new chart for us — Bitcoin CDD or Coin Days Destroyed. To give just a brief overview of this chart, this metric shows the number of coin days that are destroyed each day. The higher the value means there is movement transacted on long-term investors’ holdings. This …

BITCOIN CDD (COIN DAYS DESTROYED) CURRENTLY SHOWING LONG-TERM INVESTORS STAYING STILL Read More »

Great Risk-Reward Potential on Bitcoin!

BITCOIN RISK-REWARD POTENTIAL UNDER ATTRACTIVE LEVEL; BITCOIN ABOUT TO BOUNCE?

BITCOIN RESERVE RISK ON GREEN The chart for the day is Bitcoin Reserve Risk. This Bitcoin chart is created to assess the confidence of long-term holders relative to the price of the native coin at any given point in time.  Entering the red zone means confidence in risk-reward potential is low and is directly related …

BITCOIN RISK-REWARD POTENTIAL UNDER ATTRACTIVE LEVEL; BITCOIN ABOUT TO BOUNCE? Read More »

Bitcoin Dominance Update

BITCOIN DOMINANCE RECOVERING AFTER REVISITING LOWEST VALUE SINCE MAY 2018

BITCOIN DOMINANCE AT LEVEL LAST SEEN 3 YEARS AGO Last week on January 3, 2022, Bitcoin dominance had hit its lowest value since May 2018. Looking at the chart above, we see that it created a new low since the ‘mini bear market’ we had had last July 2021 and revisited 39.4% dominance which has …

BITCOIN DOMINANCE RECOVERING AFTER REVISITING LOWEST VALUE SINCE MAY 2018 Read More »

LET'S BUY BITCOIN!

ALL INDICATORS TELLING US TO BUY BITCOIN; ARE WE ON THE WAY TO RECOVERY?

Bitcoin still in oversold zone: Should we buy Bitcoin? What does oversold mean? It means that many are selling and the value is trading at a lower price, hence a very good opportunity to buy as a price bounce is imminent soon after, although this may take longer or sooner, no one can be really …

ALL INDICATORS TELLING US TO BUY BITCOIN; ARE WE ON THE WAY TO RECOVERY? Read More »

Bitcoin Charts Update: Bitcoin CDD

BITCOIN ALL EXCHANGES INFLOW MEAN JUST IN NORMAL RANGE, GREAT OPPORTUNITY FOR HODLING

What does the charts say There’s no significant spike yet on Bitcoin’s exchanges inflow mean. As of the moment, the charts are telling us only retail investors are moving in the market. Whales and big-money investors are still off-exchanges. Usually, massive dumps and flash crashes happen when whales are the ones dumping. See the spikes …

BITCOIN ALL EXCHANGES INFLOW MEAN JUST IN NORMAL RANGE, GREAT OPPORTUNITY FOR HODLING Read More »