Bitcoin 30-Day Trader Profits Back In ‘Healthy’ Range, Is BTC Ready For $100,000?

On-chain data shows the unrealized gains of the 30-day Bitcoin investors are now back inside the historical ‘healthy’ zone, a sign that could be bullish for BTC. Bitcoin MVRV Ratio For 30-Day Traders Has Declined Recently In a new Market Value to Realized Value (MVRV) Ratio. The MVRV Ratio here refers to an indicator that… Continue reading Bitcoin 30-Day Trader Profits Back In ‘Healthy’ Range, Is BTC Ready For $100,000?

Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

On-chain data shows the Bitcoin investors are now carrying 121% profits on average. Here’s whether this has been enough for a top in the past. Bitcoin Profitability Index Is Currently Sitting Around 221% In a new Average Profitability Index” is an indicator for BTC that compares the asset’s spot value with its realized price. The… Continue reading Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?

On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign that profit-taking may have begun. Bitcoin Whale Transaction Count Now Highest In Over 10 Weeks According to data from the on-chain analytics firm Whale Transaction Count,” which keeps track of the total amount of transfers taking place on the BTC… Continue reading Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?

Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals

An analyst has explained how profit-taking looks to have finished for Bitcoin in what has been a “very healthy reset” for the market. Bitcoin SOPR Suggests Profit-Taking From Investors Has Cooled Off In a new Spent Output Profit Ratio (SOPR). The SOPR is an on-chain indicator that basically tells us about whether the Bitcoin investors… Continue reading Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals