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No issues read what was written there, You’ve missed a day or you claim late, I’m in your shoe as well we’ve to wait till 5th of next month to start again
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#NFPCryptoImpact Bitcoin (BTC) market indicators are getting a reset as investors nurse 4% weekly BTC price losses. In a Quicktake blog post on Jan. 10, onchain analytics platform CryptoQuant reported a new chance to buy the dip. Onchain data shows Bitcoin moving at a loss Bitcoin sentiment has taken a hit this month as volatility favors the downside and bulls fail to reclaim and hold the $100,000 mark. Among the signs of rising capitulation among speculative investors — those who are traditionally more sensitive to short-term price movements — is a dip in spent output profit ratio (SOPR). SOPR monitors the proportion of unspent transaction outputs, or UTXOs, created at a profit or loss compared to when the coins involved last moved. The result is a snapshot of investors’ willingness to spend coins at a profit or loss, and thus analysts can gain an insight into prevailing sentiment trends. Currently, the SOPR value for short-term holders (STHs) — entities hodling a given unit of BTC for up to 155 days — is below the breakeven point of 1. “As BTC declines, negative headlines are increasingly visible on YouTube and news media. This indicates that market sentiment is turning bearish,” CryptoQuant contributor MAC_D summarized.
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#ShareYourTrade Bitcoin (BTC) market indicators are getting a reset as investors nurse 4% weekly BTC price losses. In a Quicktake blog post on Jan. 10, onchain analytics platform CryptoQuant reported a new chance to buy the dip. Onchain data shows Bitcoin moving at a loss Bitcoin sentiment has taken a hit this month as volatility favors the downside and bulls fail to reclaim and hold the $100,000 mark. Among the signs of rising capitulation among speculative investors — those who are traditionally more sensitive to short-term price movements — is a dip in spent output profit ratio (SOPR). SOPR monitors the proportion of unspent transaction outputs, or UTXOs, created at a profit or loss compared to when the coins involved last moved. The result is a snapshot of investors’ willingness to spend coins at a profit or loss, and thus analysts can gain an insight into prevailing sentiment trends. Currently, the SOPR value for short-term holders (STHs) — entities hodling a given unit of BTC for up to 155 days — is below the breakeven point of 1. “As BTC declines, negative headlines are increasingly visible on YouTube and news media. This indicates that market sentiment is turning bearish,” CryptoQuant contributor MAC_D summarized. $BTC
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#NFPCryptoImpact Bitcoin (BTC) market indicators are getting a reset as investors nurse 4% weekly BTC price losses. In a Quicktake blog post on Jan. 10, onchain analytics platform CryptoQuant reported a new chance to buy the dip. Onchain data shows Bitcoin moving at a loss Bitcoin sentiment has taken a hit this month as volatility favors the downside and bulls fail to reclaim and hold the $100,000 mark. Among the signs of rising capitulation among speculative investors — those who are traditionally more sensitive to short-term price movements — is a dip in spent output profit ratio (SOPR). SOPR monitors the proportion of unspent transaction outputs, or UTXOs, created at a profit or loss compared to when the coins involved last moved. The result is a snapshot of investors’ willingness to spend coins at a profit or loss, and thus analysts can gain an insight into prevailing sentiment trends. Currently, the SOPR value for short-term holders (STHs) — entities hodling a given unit of BTC for up to 155 days — is below the breakeven point of 1. “As BTC declines, negative headlines are increasingly visible on YouTube and news media. This indicates that market sentiment is turning bearish,” CryptoQuant contributor MAC_D summarized. $BTC
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#NFPCryptoImpact Bitcoin (BTC) market indicators are getting a reset as investors nurse 4% weekly BTC price losses. In a Quicktake blog post on Jan. 10, onchain analytics platform CryptoQuant reported a new chance to buy the dip. Onchain data shows Bitcoin moving at a loss Bitcoin sentiment has taken a hit this month as volatility favors the downside and bulls fail to reclaim and hold the $100,000 mark. Among the signs of rising capitulation among speculative investors — those who are traditionally more sensitive to short-term price movements — is a dip in spent output profit ratio (SOPR). SOPR monitors the proportion of unspent transaction outputs, or UTXOs, created at a profit or loss compared to when the coins involved last moved. The result is a snapshot of investors’ willingness to spend coins at a profit or loss, and thus analysts can gain an insight into prevailing sentiment trends. Currently, the SOPR value for short-term holders (STHs) — entities hodling a given unit of BTC for up to 155 days — is below the breakeven point of 1. “As BTC declines, negative headlines are increasingly visible on YouTube and news media. This indicates that market sentiment is turning bearish,” CryptoQuant contributor MAC_D summarized. $BTC
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