2 / 2 Relevant items tagged with #BitcoinTop

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Is Bitcoin Near Top Yet? What Glassnode’s Price Multiplier Model Says

[Jan 11, 2024 7:00 PM] Glassnode’s model for tracking the “price multiplier” effect for Bitcoin could provide some hints about whether the asset is near the top or not so far. Bitcoin Is Observing A Multiplier Effect Of 4-5x Right Now In a new post on…

Bitcoin Whales Driving The Rally Are Now Taking Profits, Data Suggests

[Dec 7, 2023 3:00 PM] Data shows that the Bitcoin whales that may have been helping drive the latest rally have switched to profit-taking instead. Bitcoin Whales On BitMEX Have Changed Their Tune Recently An analyst in a CryptoQuant Quicktake post explained that the…

Is Bitcoin Top Here? This Metric Would Say Otherwise

[Oct 30, 2023 2:00 PM] The Bitcoin MVRV ratio, an on-chain indicator, could suggest the asset may not have hit its top for the current rally just yet. Bitcoin MVRV Ratio Says Market Isn’t Overheated Right Now According to data from the market intelligence platform…

Has Bitcoin Rally Already Hit Top? Here’s What Puell Multiple Says

[May 15, 2023 1:20 PM] On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally. Bitcoin Puell Multiple Has Risen To High Levels In Recent Days As pointed out by an analyst in a CryptoQuant…

Bitcoin Rally May Not Have Hit Top Yet, Here’s Why

[May 3, 2023 1:00 PM] The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet. Bitcoin 1-Year Inactive Supply Has Continued To Go Up Recently According to a post from the on-chain analytics firm…

Bitcoin Shows 35.8% Weekly Gains: Why This Means The Top Is Near

[Mar 20, 2023 2:00 PM] Bitcoin closed the past week with returns of about 35.8%; here’s what has happened historically when the asset’s price has performed similarly. Bitcoin Registered 35.8% Gains During The Past Week BTC has continued its strong upwards…

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