This Bitcoin Metric Has Predicted Every Cycle Bottom, But What Is It Saying Now?

Bitcoin is back above $70,000 after a bruising first quarter, but there are still questions as to whether the asset has already established its cycle low or is still moving through a bottoming phase. A technical indicator following one interesting Bitcoin metric is presently showing signs that the bottom may not yet be in. The… Continue reading This Bitcoin Metric Has Predicted Every Cycle Bottom, But What Is It Saying Now?

Bitcoin Supply In Loss Turns Upward—Early Bear Market Signal?

On-chain data shows the Bitcoin Supply in Loss indicator has witnessed a shift in direction that has often led into bearish phases in past cycles. 365-Day SMA Of The Bitcoin Supply In Loss Has Been Rising Recently As pointed out by an analyst in a CryptoQuant Quicktake Supply in Loss has started to trend up… Continue reading Bitcoin Supply In Loss Turns Upward—Early Bear Market Signal?

Bitcoin Supply Overhang: 6.6 Million BTC Bought Above Current Price

On-chain data shows a chunk of the Bitcoin supply has its cost basis above the current spot price, which could potentially shape volatility if BTC rebounds. Bitcoin Supply Overhang Could Dictate Volatility & Selling Pressure As pointed out by CryptoQuant community analyst Maartunn in a new Supply In Loss,” which measures, as its name suggests,… Continue reading Bitcoin Supply Overhang: 6.6 Million BTC Bought Above Current Price

Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?

On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin’s price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In a new UTXO Supply in Loss” measures, as its name suggests, the total percentage of UTXOs in existence… Continue reading Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?