As Bitcoin Breaks $57k, Quant Explains Why It Could See A Pullback Here

As Bitcoin Breaks $57k, Quant Explains Why It Could See A Pullback Here

As Bitcoin rallies past $57k, Quant explains using on-chain analysis why the cryptocurrency may see a pullback here. Bitcoin Funding Rate And Futures Open Interest Show Rising Values As explained by an analyst in a CryptoQuant post, some BTC indicators are showing values that have historically signaled that a correction could be coming soon. The first metric of relevance is the Bitcoin funding rate, which is defined as the periodic payment that futures contract traders have to pay. Positive values imply most traders are bullish and long traders are paying this fee to short traders. While....


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Quant Explains Why This Bitcoin Bear Market Is Different From Others

A quant has explained using on-chain data why the current Bitcoin bear market looks to be different from the previous ones. Quant Suggests This Bitcoin Bear Market Is Unlike The Rest As explained by an analyst in a CryptoQuant post, the exchange reserve continuing to trend down since the price all-time high isn’t typical of […]

Quant Explains How Bitcoin NUPL Can Help Predict Bull Cycles

A quant breaks down how the Bitcoin NUPL indicator may be able to predict the beginning of a new bull run based on past pattern. How The Bitcoin NUPL Metric May Predict The Start Of Bull Run As explained by an analyst in a CryptoQuant post, the various phases of the NUPL indicator may shed some light relating to the bull run status for BTC. The net unrealized profit and loss (or NUPL in short) is a metric that’s defined as the difference between the market cap and the realized cap, divided by the market cap. NUPL = (Market Cap – Realized Cap) ÷ Market Cap In simpler terms, what....

Quant Explains How This Bitcoin Crash Is Different From May’s

A quant has explained how the Bitcoin exchange reserve on-chain indicator differs between the current crash and that of May’s. After Spiking Ahead Of The Crash, Bitcoin Exchange Reserves Have Resumed Downtrend As explained by an analyst in a CryptoQuant post, the current trend in BTC exchange reserves is quite different from when the crypto […]

Bitcoin Short-Term Supply Reaches All-Time Low

Data shows Bitcoin short-term supply has reached an all-time low value. This may mean that investors aren’t keen to sell at this level despite the latest rally up where the coin broke $57k. Bitcoin Short-Term Supply Records All-Time Lows According to the latest Arcane Research weekly report, the BTC short-term supply is currently floating around all-time low values. The “short-term supply” here refers to the supply of coins that were moved on the chain within the last three months. When this indicator’s value moves up, it means there are a lot of short-term holders....

Only In Crypto: A Croissant Lists Potential Bullish Drivers For Bitcoin And E...

With Bitcoin and Ethereum so close to their pre-crash highs, the general sentiment in the market seems to be predominantly bullish. In that sense, analyst CroissantEth took the task to summarize the factors causing such sentiment amongst traders and operators. Related Reading | As Bitcoin Breaks $57k, Quant Explains Why It Could See A Pullback Here Via Twitter, the analyst claimed that Bitcoin has increased its levels of attention to levels last seen during May, just before the cryptocurrency lost over 50% of its value in the first of several capitulation events. In addition, BTC’s....