What Are On-Chain Cycle Indicators Telling Us About The Bitcoin Market?
Looking at current bitcoin market values over historical percentiles to show when the market is bottomed, topped or neutral.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.In today’s Daily Dive, we will cover some of the key on-chain cycle indicators and what they tell us about where we are at in the market. All of the indicators today leverage a percentile analysis, looking at current values over historical....
Related News
In the latest edition of Capriole Investments’ “Bitcoin Update,” Charles Edwards, founder and CEO, examines the current state of Bitcoin through a detailed analysis of thirteen on-chain indicators to address the critical question: Is the Bitcoin cycle top in? A month after a promising technical breakout above $65.5K, which briefly touched $70K, Bitcoin experienced a […]
Analyzing seven key on-chain indicators can give us major hints as to when the bitcoin price is at the top or bottom of the current market cycle.
On-chain data is showing there is light at the end of the tunnel for Bitcoin hodlers, says LookIntoBitcoin creator, Philip Swift. Bitcoin (BTC) may see more pain in the near future, but the bulk of the bear market is already “likely” behind it.That is one of many conclusions from Philip Swift, the popular on-chain analyst whose data resource, LookIntoBitcoin, tracks many of the best-known Bitcoin market indicators.Swift, who together with analyst Filbfilb is also a co-founder of trading suite Decentrader, believes that despite current price pressure, there is not long to go until Bitcoin....
Bitcoin’s renewed upward trend has put the flagship asset in the limelight as it moves toward its current all-time high of $110,000, achieved in January this year. While BTC is about 5% away from its peak, speculations are whether this newfound strength could lead to a cycle top. However, cycle-top indicators appear to be shifting […]
A technical bias conflict in the Bitcoin market is looking to influential on-chain indicators for cues—and most of them are favoring bulls.