2024 Bitcoin Bull Market Will Be Led by Institutions
“The consistent downtrend in Exchange Depositing Transactions can also suggest that retail investors have not entered Bitcoin yet. Google search trends show a low reading on Bitcoin, despite price nearing the all time highs in 2021.” – Link
By DanBTC916 | @cryptoquant_official
“The consistent downtrend in Exchange Depositing Transactions can also suggest that retail investors have not entered Bitcoin yet. Google search trends show a low reading on Bitcoin, despite price nearing the all time highs in 2021.” – Link
By DanBTC916 | @cryptoquant_official
February 29, 2024
BTC in Loss Reaches Historic Lows
“As this indicator remains in the extreme region of the distribution, the risk of price corrections increases exponentially.” – Link
By G a a h | @cryptoquant_official
“As this indicator remains in the extreme region of the distribution, the risk of price corrections increases exponentially.” – Link
By G a a h | @cryptoquant_official
February 29, 2024
The Inflow of New Investors is Accelerating
“New investors are flowing in, and in the near future we can expect the influx of many new “individual” investors.” – Link
By Crypto Dan | @cryptoquant_official
“New investors are flowing in, and in the near future we can expect the influx of many new “individual” investors.” – Link
By Crypto Dan | @cryptoquant_official
March 1, 2024
BTC New Investors at 10.62% in the Last Week, Suggesting a Possible Bullish Rally
“This increased proportion of short-term investors means that we are at a critical juncture where we are likely to see significant price movements.” – Link
By MAC_D | @cryptoquant_official
“This increased proportion of short-term investors means that we are at a critical juncture where we are likely to see significant price movements.” – Link
By MAC_D | @cryptoquant_official
March 4, 2024
Bitcoin Enters Strong Bull Zone
“This is a zone in which the proportion of Bitcoin currently suffering losses is very low. Generally, in a full-fledged bull market, it stays in this zone for about 6 months to 1 year. ” – Link
By Crypto Dan | @cryptoquant_official
“This is a zone in which the proportion of Bitcoin currently suffering losses is very low. Generally, in a full-fledged bull market, it stays in this zone for about 6 months to 1 year. ” – Link
By Crypto Dan | @cryptoquant_official
March 4, 2024
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“I do think when the year is said and done, ETH will have outperformed BTC."
Matthew Sigel, VanEck's Head of Digital Assets, shares his bullish outlook for Ethereum in 2024, amidst the Bitcoin halving year.
Dive into his insights on the halving, regulations & crypto AI.
Watch Now | @cryptoquant_official
Matthew Sigel, VanEck's Head of Digital Assets, shares his bullish outlook for Ethereum in 2024, amidst the Bitcoin halving year.
Dive into his insights on the halving, regulations & crypto AI.
Watch Now | @cryptoquant_official
March 4, 2024
Bears are in shock and fear, 3 recent short squeezes
"What has frustrated them is US institutional investors. The Coinbase premium is at its highest since September last year. "
– Link
By MAC_D | @cryptoquant_official
"What has frustrated them is US institutional investors. The Coinbase premium is at its highest since September last year. "
– Link
By MAC_D | @cryptoquant_official
March 5, 2024
Current Correction is Very Beneficial for Bitcoin Positivity
“According to this indicator, positivity continues, accompanied by strong fluctuations in the coming days.” – Link
By abramchart | @cryptoquant_official
“According to this indicator, positivity continues, accompanied by strong fluctuations in the coming days.” – Link
By abramchart | @cryptoquant_official
March 5, 2024
Observing the Distribution Trend of LTH Over the Past Two Days
“Over 4,000 BTC were consumed each across the 6m~5y cohort over two days, a similar trend to the end of February, about a week ago. What is noteworthy is, the consumption scale of the 6m-12m cohort is recorded at approximately 18,000.” – Link
By Yonsei_dent | @cryptoquant_official
“Over 4,000 BTC were consumed each across the 6m~5y cohort over two days, a similar trend to the end of February, about a week ago. What is noteworthy is, the consumption scale of the 6m-12m cohort is recorded at approximately 18,000.” – Link
By Yonsei_dent | @cryptoquant_official
March 6, 2024
Is Ethereum In The Same Condition As It Was Back In 2021?
“Ethereum's funding rates have seen a significant uptick, reaching levels reminiscent of late 2020 when Ethereum was poised for a robust bullish rally toward its all-time high.” – Link
By Shayan_7 | @cryptoquant_official
“Ethereum's funding rates have seen a significant uptick, reaching levels reminiscent of late 2020 when Ethereum was poised for a robust bullish rally toward its all-time high.” – Link
By Shayan_7 | @cryptoquant_official
March 6, 2024
Bitcoin miners earned the second highest daily revenue yesterday: $75.9M.
The record is $77.3M on April 14, 2021.– Link
By Julio Moreno | @cryptoquant_official
The record is $77.3M on April 14, 2021.– Link
By Julio Moreno | @cryptoquant_official
March 7, 2024
Retailers Take Profits Again
“The realization flow of this category of Investors increases the risk of a local top formation accompanies, since these traders provide liquidity for large players to fill orders.” – Link
By G a a h | @cryptoquant_official
“The realization flow of this category of Investors increases the risk of a local top formation accompanies, since these traders provide liquidity for large players to fill orders.” – Link
By G a a h | @cryptoquant_official
March 7, 2024
Whale Bitcoin Holdings Skyrocket!
Note: We're tracking those with 1k-10k BTC, excluding exchanges and mining pools – Link
By Julio Moreno | @cryptoquant_official
Note: We're tracking those with 1k-10k BTC, excluding exchanges and mining pools – Link
By Julio Moreno | @cryptoquant_official
March 7, 2024
It’s Not Yet the Peak of the Bull Market
“The number of active addresses rises twice in a cycle, first when a bear market ends and start bull market, and secondly when the market reaches near the peak of the bull market.” – Link
By Crypto Dan | @cryptoquant_official
“The number of active addresses rises twice in a cycle, first when a bear market ends and start bull market, and secondly when the market reaches near the peak of the bull market.” – Link
By Crypto Dan | @cryptoquant_official
March 7, 2024
In the midst of Bitcoin's current bullish trend, certain metrics have emerged, suggesting the market might be entering an overheated state. Here's what you need to know ⬇️
1️⃣ Market Cycle Analysis: The Bull-Bear Market Cycle Indicator shows the market has entered an Overheated-Bull phase, following the surge in prices beyond the $65K mark. This phase often precedes market corrections.
2️⃣ Miner Profitability: The profitability for miners has reached unprecedented levels, the highest since December 2023. While beneficial for miners, historically, such peaks have preceded market adjustments.
3️⃣ Profit Margins Among Traders: Currently, unrealized profit margins for traders stand at 57%. This figure is significant, as similar levels have historically been indicators of forthcoming market corrections.
4️⃣ Short-term Holder Activity: There's a noticeable trend of short-term holders liquidating their holdings at profit margins not seen since February 2021. This behavior could introduce additional selling pressure into the market.
Live Dashboard | @cryptoquant_official
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March 8, 2024
AI & On-Chain Driven Analysis: Predicting the End of Bitcoin's Profitable Cycle
“We can speculate that there is a potential possibility that the growth cycle could end in about the next 100-150 days” – Link
By IT Tech | @cryptoquant_official
“We can speculate that there is a potential possibility that the growth cycle could end in about the next 100-150 days” – Link
By IT Tech | @cryptoquant_official
March 8, 2024
Korea Premium at 2-Year High
“The Korea Premium Index (KPI) is currently at 7.38%, and its trend (14-day average) is 5.30%, which is 'at the highest trend level' in the past two years.” – Link
By SignalQuant | @cryptoquant_official
“The Korea Premium Index (KPI) is currently at 7.38%, and its trend (14-day average) is 5.30%, which is 'at the highest trend level' in the past two years.” – Link
By SignalQuant | @cryptoquant_official
March 11, 2024