Bitcoin Recent Dips Reveal Market Structure Issue Not Coming From Selling Pre...
The Recent volatility in the Bitcoin market pullbacks is being widely interpreted as a wave of selling pressure, but the underlying data tells a different story. On-chain metrics show little evidence of broad holder distribution, suggesting that these dips are not being driven by investors exiting their positions. Instead, the weakness in price appears to stem from the market structure issues. Why Structural Weakness Is Often Temporary These Bitcoin dips aren’t coming from selling pressure; they’re coming from stablecoin-denominated shorts. The co-founder of GlydeGG, Sweep,....
Related News
Bitcoin has risen more than 1% since yesterday to $295.76 as bulls made another attempt at crossing the supply hurdle. As technical factors come into play, we may eventually see a decisive breach of the resistance. In the last analysis Bulls Struggle At Resistance, I had concluded that Bitcoin is a buy on dips opportunity, and as can be seen, the price did dip to $286.43 before bulls rushed in to add Bitcoin to their portfolio and took the price to an intraday high of $297.44. Looking technically at the daily BTC-USD price chart conveys that even though the price rise is still capped by....
Bitcoin is once again at a pivotal level, with selling pressure dominating the market and volatility shaking investor confidence. After weeks of choppy trading, BTC is barely holding above the $110,000 mark, a threshold that many analysts view as critical for maintaining a bullish structure. Momentum has clearly shifted in recent sessions, and the market is now bracing for the possibility of a deeper correction. Related Reading: Old Bitcoin Supply Unlocks: 7,626 BTC Aged 3–5 Years Moves Onchain Adding to the concern, top analyst Axel Adler shared insights from the Bitcoin UTXO Age Metrics,....
In the conclusion of the previous Bitcoin price technical analysis And Here Comes the Rebound, I stated that the current relief rally in Bitcoin will fizzle out very soon and that the market participants should be prepared to create short positions. We have seen this happen in yesterday's trading session where attempts made by the bulls to scale higher were undone by profit booking and renewed selling pressure. Bitcoin is currently trading flat at $224, after racing to an intraday high of $231.09 and is now expected to trend lower in the coming sessions. Bitcoin will witness a greater....
One of the more interesting applications of peer-to-peer finance is the concept of a prediction market - a market where people can speculate not on stocks and commodities, but rather real-life events. A prediction market might issue an asset that pays out $10 if Hillary Clinton wins the 2016 US presidential election, and $0 otherwise, and people would be free to either buy or sell the asset (short selling, or selling shares that you do not own to have a negative exposure, is just as easy as selling). The asset would then find a natural market price, say $2. If you think Hillary Clinton has....
On-chain data shows Bitcoin whales have continued to put selling pressure on the market as the price of the crypto now drops below $20k. Bitcoin Exchange Whale Ratio Has Spiked Up To High Values As pointed out by a post from CryptoQuant, the exchange inflows that followed the US CPI release lead to the price crashing 10% in only a couple of hours. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top 10 Bitcoin transactions to exchanges, to the total exchange inflows. Since the ten largest transfers to exchanges are usually from the....