Is The Bitcoin Cycle Top In? Here’s What 13 On-Chain Indicators Say
In the latest edition of Capriole Investments’ “Bitcoin Update,” Charles Edwards, founder and CEO, examines the current state of Bitcoin through a detailed analysis of thirteen on-chain indicators to address the critical question: Is the Bitcoin cycle top in? A month after a promising technical breakout above $65.5K, which briefly touched $70K, Bitcoin experienced a […]
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Analyzing seven key on-chain indicators can give us major hints as to when the bitcoin price is at the top or bottom of the current market cycle.
Just when crypto participants are discussing that Bitcoin seems to have entered a bearish phase due to its sharp pullback from its current all-time high and prolonged consolidation phase, the digital asset has rebounded strongly, revisiting levels like $95,000. Even though BTC has failed to reclaim its all-time high, many believe the ongoing cycle might […]
Popular analyst Justin Bennett has explained why the Bitcoin four-year cycle might be over for the foreseeable future. He indicated that the crypto’s projected price surge in this market cycle might not happen as planned and that Bitcoin could suffer a severe price crash soon enough. Why The Bitcoin Four-Year Cycle Might Be Over In […]
A technical bias conflict in the Bitcoin market is looking to influential on-chain indicators for cues—and most of them are favoring bulls.
Despite the recent bitcoin sell off, there are several very bullish on-chain indicators showing HODLers are accumulating through this dip.