Measuring Conviction Of Bitcoin Holders With Reserve Risk
Reserve risk is a ratio between the current price of bitcoin and the conviction of long-term holders.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.In today's Daily Dive we will take an in-depth look at Reserve Risk. Source: Glassnode Reserve risk is a metric founded by Hans Hauge, and it is a cyclical market indicator which aims to quantify the risk/reward of allocating to bitcoin based on the conviction of....
Related News
Data shows the Bitcoin “reserve risk” indicator has recently plunged down and is now reaching all-time lows only seen back in 2015 bear and the March 2020 COVID crash. Bitcoin Reserve Risk Suggests HODLing Relative To Price Is Strong According to the latest weekly report from Glassnode, BTC investors have been holding strong onto their coins despite the large decline in the crypto’s price recently. Before looking at what the “reserve risk” indicator does, it’s best to get an understanding of a couple concepts first. A “coin day” is....
Dogecoin is sitting at an inflection point where weakening market structure meets unusually compressed on-chain risk, according to new charts shared by analyst Cryptollica (@Cryptollica). The visuals juxtapose a multi-year DOGE/USDT price channel with Alphafractal’s Reserve Risk framework, raising the question of whether the move is a true breakdown or the formation of a long-term bottom. Dogecoin On-Chain Risk Hits Extreme Value Zone In an X post, Cryptollica explains that the Dogecoin model “combines Reserve Risk with VOCDD/MVOCDD-style activity measures to assess long-term holder....
It's a slow grind for long-term holders with no significant macro top or bottom in sight, the Reserve Risk metric suggests. Bitcoin (BTC) investors are famous for their ability to "hodl" through price dips, but new data sheds light on how long they may be prepared to continue.In a tweet on Jan. 16, on-chain analytics firm Glassnode noted that holder behavior currently mimics how Bitcoin behaves during the least extreme part of its price cycles.Reserve Risk: Bitcoin price ‘depressed,’ hodlers hodl onReferring to its Reserve Risk ("R-Risk") metric, Glassnode argued that current buying and....
Seasoned Bitcoin Holders Are In Distribution Mode Bitcoin’s price action is shifting, and so is the sentiment of investors, especially the long-term BTC holders. The development carries weight in the market because these holders are often considered the most patient and conviction-driven players in the crypto sector. Related Reading: A Major Bitcoin Pivot? Realized […]
The Bitcoin rally is still at an early stage, according to one key metric, despite the overnight pullback. The price of Bitcoin (BTC) saw a minor correction on the day as the global stock market pulled back. The top cryptocurrency dropped by nearly 8% in the last 24 hours, retracing most of the gains it recorded during yesterday's rally on March 3.Bitcoin bull run is still at an early to mid stageAccording to William Clemente, a cryptocurrency analyst, Glassnode's Reserve Risk indicator shows that Bitcoin's rally is still in the early to middle stage.As Clemente explains, the Reserve Risk....