CRYPTO INSIDERS 🚀

2023-02-22 09:10:47 BTC Realized On-Chaion PNL
The $BTC Realized On-Chain PnL Index must break through the current resistance range to avoid a repeat of the July 12, 2015 scenario
It is worth noting that between July 12, 2015, and August 24, 2015, the value of Bitcoin decreased by 37.70% Open / Comment

2023-02-22 09:10:30 Bitcoin's correlation with Chinese stocks is growing stronger . Will China lead the market rally this year? Open / Comment

2023-02-22 05:07:11 The US economy appears to be entering a downturn phase, as has been observed during previous major market corrections in 1990, 2000, 2008, and 2020 Open / Comment

2023-02-22 00:20:01 Observing SP500 becomes irrelative currently, as BTC just doesn't care! Open / Comment

2023-02-21 17:32:53 BTC Hashrate Update

The Bitcoin hash rate has reached an unprecedented high of over 317 TH/s.

In the past seven days alone, the hash rate has increased by 20%, marking the fifth-largest positive adjustment in the last five years. Open / Comment

2023-02-21 08:32:34 #BTC #USDT Update

Currently, Bitcoin appears to be stable without any significant changes, but it is exhibiting consolidation in a bullish ascending triangle pattern.
A breakout from this pattern could indicate a major price movement for BTC. However, if the pattern were to break downward, it would invalidate the bullish trend Open / Comment

2023-02-21 08:21:29 In the past two bear markets, '19 and '22, Bitcoin has used the realized price by year as support.

The current RP by year:
'17 - $15,189
'18 - $18,635
'19 - $21,831
'20 - $26,464
'21 - $36,897
'22 - $26,391
'23 - $21,310
All-Time - $11,090

'20, '21, and '22 are underwater Open / Comment

2023-02-20 12:59:05 It seems that someone is selling a significant amount of Bitcoin at the 25k+ level and then buying it back after adding more supply.
It's possible that the price may attempt to reach that level again, only to then pull back and complete a larger three-wave correction Open / Comment

2023-02-20 09:44:57 #BTC #USDT update

Bitcoin is currently maintaining its key support level. Analysis using the Elliot wave theory indicates that it is following the expected impulse pattern, with the price approaching the 5th wave.
The 5th wave is expected to reach the open interest level, which coincides with the CME Gap from last year Open / Comment

2023-02-20 09:37:02 Bitcoin Realize Price Age Band (Red)
The chart above displays the realized price of the cryptocurrency, sorted by age. This allows us to see the average price of coins that are between 3-6 months old in the chart .

We can observe that during the two previous market cycles, the price breaking above this average has been a strong indicator of an upcoming uptrend, particularly after a bear market has already occurred Open / Comment