Tag Archives: glassnode

Bitcoin Crash Unlike LUNA & FTX Collapses, Says Glassnode: Here’s Why

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On-chain analytics firm Glassnode has explained how the latest Bitcoin selloff is different from the LUNA and FTX crashes of 2022. Bitcoin Supply In Profit Trend Is Structurally Different For The Latest Crash In a new Percent Supply in Profit to make the comparison. This on-chain indicator measures, as its name suggests, the percentage of… Continue reading Bitcoin Crash Unlike LUNA & FTX Collapses, Says Glassnode: Here’s Why→

This Major Bitcoin Metric Just Made A New Low For The First Time In 6 Years, Is An ATH Above $130,000 Coming?

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Bitcoin supply on exchanges has hit a new low for the first time in six years, providing a bullish outlook for BTC. This comes as the flagship crypto continues to hit new all-time highs (ATHs), with the $130,000 target now in sight.  Bitcoin Supply On Exchanges Hit Six-Year Low Glassnode data shows that the Bitcoin… Continue reading This Major Bitcoin Metric Just Made A New Low For The First Time In 6 Years, Is An ATH Above $130,000 Coming?→

Bitcoin Pricing Bands Point To $140,000 Target But On This Condition – Analyst

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Bitcoin (BTC) has maintained a strong bullish performance over the past seven days, with the price gaining by approximately 12%. The crypto market leader rose to near $124,000 before experiencing a slight retracement, which has now forced prices to $122,070. With the market maintaining a consolidation pattern, prominent analyst Ali Martinez has shared some important… Continue reading Bitcoin Pricing Bands Point To $140,000 Target But On This Condition – Analyst→

Bitcoin’s $117k Reset Unlocks Path Toward ATH As Bullish Structure Strengthens

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Bitcoin is presently valued in the $122,000 price region following an impressive price surge over the last week. Notably, bullish sentiments around the crypto market leader are presently strong as analysts speculate that another accumulation phase may have commenced. On-chain analytics page, Swissblock has now provided an in-depth analysis of the present market situation, with… Continue reading Bitcoin’s $117k Reset Unlocks Path Toward ATH As Bullish Structure Strengthens→

Total Illiquid Bitcoin Has Reached 72% Of Supply, What Does This Mean For Price?

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The total illiquid Bitcoin has reached a new high, providing a bullish outlook for the flagship crypto. This refers to the BTC supply that is unlikely to hit the open, given the long-term holding of the investors who own these coins.  Bitcoin’s Illiquid Supply Hits New High Glassnode data shows that Bitcoin’s illiquid supply has… Continue reading Total Illiquid Bitcoin Has Reached 72% Of Supply, What Does This Mean For Price?→

Bitcoin Trend Constructive As Long As This Metric Holds, Glassnode Says

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On-chain analytics firm Glassnode has explained how the Bitcoin price trend remains constructive as long as the asset trades above the short-term holder cost basis. Bitcoin Is Still Maintaining Above Short-Term Holder Realized Price In a new Realized Price” here refers to an indicator that keeps track of the cost basis of the average investor… Continue reading Bitcoin Trend Constructive As Long As This Metric Holds, Glassnode Says→

Ethereum’s MVRV Hits 1.97 — Can Bulls Hold Their Ground?

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Ethereum (ETH) stands out with one of the best price performances from last week as a general bullish sentiment swept across the crypto market. During this period, the dominant altcoin gained by 9.06% with its prices briefly entering the $4,700 price range. As the majority of investors hold green positions, on-chain data support price movements… Continue reading Ethereum’s MVRV Hits 1.97 — Can Bulls Hold Their Ground?→

Shiba Inu Diamond Hands Are Refusing To Sell, Bulls Eye $0.00009 ATH

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On-chain data shows that Shiba Inu diamond hands are holding on to their coins despite the meme coin’s underperformance in recent times. This comes as SHIB bulls eye a new all-time high (ATH), with the meme coin potentially reaching $0.00009.  Shiba Inu Holders Are Refusing To Sell Despite SHIB’s Underperformance Glassnode data shows that Shiba… Continue reading Shiba Inu Diamond Hands Are Refusing To Sell, Bulls Eye $0.00009 ATH→

Ethereum Whales Go On Buying Spree Amid Crash To $4,200, Here’s How Much They Bought

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Ethereum’s recent movements have brought mixed emotions to the market, with a recent increase their positions significantly. Fresh data from on-chain analytic firms suggest that accumulation among these heavyweight investors is intensifying, even as Ethereum experiences market volatility. Ethereum Whale Accumulation Accelerates According to accumulation from whales and sharks in the millionaire and small billionaire… Continue reading Ethereum Whales Go On Buying Spree Amid Crash To $4,200, Here’s How Much They Bought→

Bitcoin On-Chain Model Shows Critical Support At $104,000-$108,000 – Details

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Prominent analytics firm Glassnode has shared new on-chain insights into the Bitcoin market, pointing to the next major support zone amid a euphoric market mood on Friday. The world’s leading cryptocurrency briefly surged to above $117,000 after comments from US Federal Reserve Chairman Jerome Powell signaled a possible shift away from the central bank’s long-standing… Continue reading Bitcoin On-Chain Model Shows Critical Support At $104,000-$108,000 – Details→