Token Daily

2023-03-07 09:55:29 We can already state the fact that in the market there was a distribution of VTC from weak to strong hands. Now a significant portion of bitcoin supply is again controlled by long-term holders.

In the past this always preceded bullruns. The graph looks very optimistic (CryptoQuant) Open / Comment

2023-03-02 22:27:18 March has been a positive month for bitcoin lately, but historically it is still a weak time. On average, VTC was down 4.8%. Open / Comment

2023-02-28 23:06:22 The mass withdrawal of bitcoins and ethers from centralized exchanges continues. Balances on exchanges have fallen to 5-year lows. Falling supply of BTC and ETH on trading floors reduces the likelihood of strong sales in the future (Santiment) Open / Comment

2023-02-25 12:32:30 Most indicators on the higher timeframes are signaling an impending rise in bitcoin.
Visually all cycles of growth and decline have been similar, the current bear market is no exception.

Technically right now we are breaking through long-term dynamic resistance. Historically, this event has triggered a powerful up-trend. With each new one, there is less and less chance of history repeating itself completely. So getting into longs on the whole cutlet is clearly not the right time. But it's also not a good idea to sit completely in stablenecoin waiting for a new decline. Right now a healthy caution is the ideal solution. Open / Comment

2023-02-20 21:49:41 Against the background of bitcoin growth to 25000$ the very reliable Puell multiplier also gives a bullish signal. After exiting the oversold zone, it rose to a 14-month high and rose above the "1" mark.

Historically, this has given a signal for the start of the bull run. Open / Comment

2023-02-18 17:09:32 The current behavior of bitcoin continues to fit perfectly with the dynamics of previous cycles of correction and growth (Coinshares) Open / Comment

2023-02-09 12:08:27 There are strikingly similar bearish cycles in the GTS in 2017-2018 and now.

Then, in a similar situation, we got a rise of almost three times. Open / Comment

2023-02-06 11:11:41 Bitcoin network on February 3 recorded a transaction of 313 million dollars, a record for 4 weeks (Santiment)

An interesting observation: previously, after such record deals there was often a change in trends. Open / Comment

2023-02-04 12:13:28 The monthly bitcoin chart shows a fairly bullish picture. The long fall stopped at the strong mirror level of ~$18,000. And after the horizontal consolidation a rebound begins.

Strong resistance is now only around $30,000. Therefore, the chances of continued growth are still high. Open / Comment

2023-01-30 17:31:33 The bulk of the liquidation of longs is now in the $16,000-22,000 range.

A large number of short liquidations are in the 26000-29000 range (Kingfisher)

These levels always act as magnets. Open / Comment