Bitcoin, Ethereum and other altcoins show signs of impending price move
According to the MVRV divergence, on-chain analytics firm Sanitarija suggests that Bitcoin, Ethereum and other altcoins are currently “underbought.”
? Vienas iš @santimentasPopuliariausia MVRV metrika rodo, kad trumpalaikės, vidutinės ir ilgalaikės prekybos grąža yra ties „skausmo“ riba, kuri istoriškai numato artėjančius kainų pasikeitimus. Kada įvyks šis posūkis, sunkiausia nustatyti. pic.twitter.com/65s1EPITTA
- „Santiment“ (@santimentfeed) Liepa 2, 2022
Per the on-chain analytics company, these crypto assets have reached the historic MVRV level, where a price turnaround to alleviate current losses may be anticipated, although it is difficult to predict when this will occur.
Several floor formation indications are currently flashing for Bitcoin, according to Stiklinis mazgas. However, given the current macroeconomic environment, all models and historical precedents may be put to the test when it comes to determining a bear market floor for Bitcoin.
Although all Bitcoin macro indicators, from technical to on-chain, are at all-time lows and coincide with the development of the bear market floor in previous cycles, it is still difficult to pinpoint the bear market bottom at this point.
Paprastai prekybos apimtis yra didžiausia, kai rinkos kapituliuoja, ir tokia kapituliacija sukuria pagrindinį dugną.
Šioje savaitinėje diagramoje yra apibendrintas daugumos BTC porų bitkoinų kiekis (spot ir perpetuals visose biržose).
Apimtis visų laikų rekordus pasiekė prieš dvi savaites. pic.twitter.com/6ONLibQiL2
- Aleksas Krügeris (@krugermacro) Liepa 2, 2022
Cryptoanalyst and economist Aleksas Krugeris believes that Bitcoin might have capitulated during the market slump two weeks ago. The analyst underlined the fact that trading volumes reached their peak at this time, indicating capitulation, which produces significant bottoms.
113,884 BTC bought by retail holders in 2022
Smulkieji turėtojai ir toliau agresyviai kaupia $ BTC
Adresai, turintys <1 $ BTC nepaprastu tempu papildė savo balansą 2022 m.
Nuo sausio pirmosios jie pridėjo 113,884 XNUMX BTC.
Diagrama: https://t.co/kGlQpvSj57 pic.twitter.com/zh1tPvR19B
- „IntoTheBlock“ (@intotheblock) Liepa 1, 2022
According to on-chain analytics company „IntoTheBlock“, small Bitcoin holders are still aggressively accumulating. BTC addresses that own less than 1 BTC have been accumulating their holding in 2022 at an impressive rate, adding 113,884 BTC.
Pagal Stiklinis mazgas data, this group of holders has seen a surge recently, reaching a new high. According to the blockchain data firm, there are currently 3,662,897 addresses holding more than 0.1 Bitcoin.
Spaudos metu Bitcoin prekiaujama už 19,274 XNUMX USD.
Source: https://u.today/bitcoin-ethereum-and-altcoins-present-signs-of-incoming-price-turnaround-heres-when