Bitcoin Realized Cap Sets All-Time High, Price Next?
Submitted by Anonymous (not verified) on Fri, 03/01/2024 - 03:20On-chain data shows the Bitcoin Realized Cap has set a new all-time high (ATH) with the latest rally in the cryptocurrency’s price.
On-chain data shows the Bitcoin Realized Cap has set a new all-time high (ATH) with the latest rally in the cryptocurrency’s price.
In an extraordinary run, Bitcoin has managed to go as high as $64,000, but is this rally justified? Here’s what on-chain data suggests.
On-chain data shows the newbie Bitcoin whales hold an all-time high amount of unrealized profit following the latest rally in the asset to $60,000.
Bitcoin has broken above the $59,000 level recently as whales have been making huge withdrawals from the cryptocurrency exchange Bitfinex.
Data shows around $280 million in cryptocurrency futures shorts have found liquidation in the past day as Bitcoin has touched $57,000.
Data shows the Bitcoin market sentiment has retreated away from the extreme greed territory, something that may pave way for the rally to continue.
Data shows the Bitcoin Coinbase Premium Index has turned negative once more, a sign that could prove to be bearish for the asset’s price.
On-chain data suggests a Bitcoin indicator may finally form a pattern historically associated with bull runs.
On-chain data suggests around 729,400 Bitcoin wallets cleared themselves out in the last month. Here’s what could be behind this trend.
On-chain data shows the Bitcoin inflows going towards “accumulation wallets” have hit a new all-time high, a sign that could be bullish for the ass
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