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A few helpful notesA few helpful notes that have come out on the channel lately. In case anyone missed it. 🔹 What is the Black #Swan An event with significant consequences that is almost impossible to predict. 🔹 What are #ATH and #ATL The abbreviations ATH and ATL are used by traders to refer to the maximum or minimum price of an asset over time. 🔹 Who are institutional and qualified investors An institutional investor is a legal entity that holds private money and invests it in securities, real estate, precious metals and other assets, including cryptocurrencies.

A few helpful notes

A few helpful notes that have come out on the channel lately. In case anyone missed it.

🔹 What is the Black #Swan

An event with significant consequences that is almost impossible to predict.

🔹 What are #ATH and #ATL

The abbreviations ATH and ATL are used by traders to refer to the maximum or minimum price of an asset over time.

🔹 Who are institutional and qualified investors

An institutional investor is a legal entity that holds private money and invests it in securities, real estate, precious metals and other assets, including cryptocurrencies.
Is Bitcoin’s Recent Performance a Sign of Another Black Swan Event, Similar to the COVID-19 Crash of 2020? 👀 Bitcoin's recent price performance has raised concerns with on-chain data suggesting similarities to the March 2020 COVID-19 crash. CryptoQuant reports a surge in loss-making unspent transaction outputs (#UTXOs ), indicating that more BTC is currently worth less than when originally acquired, a situation not seen since March 2020 when BTC/USD dropped by 60%. This trend, where 38% of UTXOs are in loss, could signal market anxiety and a potential selling spree. However, no significant capitulation event has occurred yet, and #bitcoin remains within a tight price range. Observers speculate whether another "Black #Swan " event is underway, similar to March 2020. #Binance #crypto2023
Is Bitcoin’s Recent Performance a Sign of Another Black Swan Event, Similar to the COVID-19 Crash of 2020? 👀

Bitcoin's recent price performance has raised concerns with on-chain data suggesting similarities to the March 2020 COVID-19 crash.

CryptoQuant reports a surge in loss-making unspent transaction outputs (#UTXOs ), indicating that more BTC is currently worth less than when originally acquired, a situation not seen since March 2020 when BTC/USD dropped by 60%.

This trend, where 38% of UTXOs are in loss, could signal market anxiety and a potential selling spree.

However, no significant capitulation event has occurred yet, and #bitcoin remains within a tight price range. Observers speculate whether another "Black #Swan " event is underway, similar to March 2020.

#Binance
#crypto2023
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