CryptoQuant
248,947 views
283 Posts
Hot
Latest
đ€ $BTC #CryptoQuant : If short-term speculators reduce the supply by 80K BTC, it will be significantly easier for the market to form a new bullish trend.
In other words, stop flooding exchanges with supply over the course of two weeks.
In other words, stop flooding exchanges with supply over the course of two weeks.
đł $BTC CEO #CryptoQuant : Look at how fiercely the new whales are stacking Bitcoin; this market has never seen such accumulation.
đđ€ $BTC #CryptoQuant : Quarterly P&L to Exchanges for the STH cohort is currently -1.6K, having decreased by 6.4K BTC since the drop to the $56K level.
Once the P&L exceeds 20K, selling pressure will appear. Right now, there is none.
Once the P&L exceeds 20K, selling pressure will appear. Right now, there is none.
đ€ $BTC #CryptoQuant : In the last 20 days, 3M BTC have returned to profit. The most interesting part will begin when the price rises further, and the supply in profit exceeds 19M.
Thatâs when weâll see how investors, who have been waiting for 6 months, manage their anxiety.
Thatâs when weâll see how investors, who have been waiting for 6 months, manage their anxiety.
đđ $BTC #CryptoQuant : Over the past year, thereâs been a strong positive correlation (85%) between BTC and Gold.
Both assets react to similar macroeconomic factors. In the short term, BTC may show similar upward movement, but investors should note that BTC is far more volatile than Gold.
Both assets react to similar macroeconomic factors. In the short term, BTC may show similar upward movement, but investors should note that BTC is far more volatile than Gold.
đ $BTC #CryptoQuant : In 2008, as 13-week Treasury bill yields began to decline, gold prices soared from $590 an ounce to a peak of $1,900 an ounce in 2011. In 2024, a similar trend is observed: gold rises from $2,000 to almost $2,700. BTC is often seen as âdigital goldâ and could potentially follow a similar pattern.
đ $BTC #CryptoQuant : The price is trading above the Short-Term Holder Cost Basis at $62.9K. I don't think, given the current demand for coins, that the price could drop 25% ($47.2K) below the STH Cost Basis.
The only thing that could trigger panic is a 'Black Swan' event.
The only thing that could trigger panic is a 'Black Swan' event.
đđ€ $BTC #CryptoQuant : In the current cycle, Bitcoin has been in a profitable state for 559 days, significantly longer than the 202 days observed before the 2020 rally.
The prolonged period of positive aSOPR and the absence of full capitulation indicate a solid market foundation for the next rally.
The prolonged period of positive aSOPR and the absence of full capitulation indicate a solid market foundation for the next rally.
đđ€ $BTC #CryptoQuant : Market preparing for the next upward trend.
On the chart, it is noticeable that low Exchange Flow Multiple values were observed before the rally in 2023. The current indicator levels are similarly low, which could signal that the market is preparing for the next upward trend.
On the chart, it is noticeable that low Exchange Flow Multiple values were observed before the rally in 2023. The current indicator levels are similarly low, which could signal that the market is preparing for the next upward trend.
đđ€ #CryptoQuant : Increasing short positions behind today's decline in $BTC and $ETH prices.
Open Interest increased as prices fell.
Open Interest increased as prices fell.
đđ $BTC #CryptoQuant : MVRV once again pricing above its SMA365 is a strong bullish signal.
"When we examine the historical relationship between the MVRV and its 365-day moving average (SMA365), we encounter a striking result. Following MVRVâs pricing above its SMA365, we often witness bulls stepping into the spotlight for Bitcoin".
"When we examine the historical relationship between the MVRV and its 365-day moving average (SMA365), we encounter a striking result. Following MVRVâs pricing above its SMA365, we often witness bulls stepping into the spotlight for Bitcoin".
đđ€ $BTC #CryptoQuant : At the $66.3K level, the last cohort of STH holding coins for 3-6 months remains.
After that, the path to testing the ATH will be open.
After that, the path to testing the ATH will be open.
đđ $BTC #CryptoQuant : Open Interest is high, very high with over $19.1B
"We're in a high-risk zone, and in my opinion, it's not the best time for fresh long positions".
"We're in a high-risk zone, and in my opinion, it's not the best time for fresh long positions".
đ $BTC #CryptoQuant : The average monthly exchange flow across 73 tokens has decreased by 6.2 times from its peak of $73K.
This is the third reduction in exchange inflows in this cycle, with the previous two reductions followed by a rise in Bitcoin's price.
This is the third reduction in exchange inflows in this cycle, with the previous two reductions followed by a rise in Bitcoin's price.
đ€ $BTC #CryptoQuant : On the monthly timeframe, the RSI dropped below 80%, and in previous bullish cycles, the price tended to reverse at these levels.
đđ€ $BTC #CryptoQuant : There is a very high probability that as the price approaches the $73K level, we will see a large influx of new liquidity in the futures market, followed by a strong price movement. At least, this has happened in the past.
Right now, the goal is to push the price towards ATH.
Right now, the goal is to push the price towards ATH.
đ $BTC CEO #CryptoQuant : Michael Saylor has proven that Bitcoin is the best strategic asset for public companies. BTC is up 237% in two years, while MicroStrategy shares are up 669%. After the bear market, #MSTR recovered 3 times stronger than BTC.
đą $BTC #CryptoQuant : The average loss-making sales dropped below the $5M minimum to $4.7M. At the current levels, there are no sellers left willing to sell at a loss.
