Long-Term Holder MVRV at 20+ has been a good indicator of #Bitcoin market tops in previous cycles.
Currently at 10, it indicates room for more upwards movement.
$BTC was trading at ~$4,500 at these levels in 2017 – and made another 4.4x to the peak.
Currently at 10, it indicates room for more upwards movement.
$BTC was trading at ~$4,500 at these levels in 2017 – and made another 4.4x to the peak.
67% of all energy produced is lost. #bitcoin mining primarily uses this waste energy. Energy concerns about bitcoin mining are mostly plain wrong.
The 20th richest person in the world is now anonymous.
Satoshi Nakamoto, the creator of #Bitcoin, may have up to $60 billion of the coin. With the recent price increase, they have now surpassed Mike Bloomberg's net worth.
Satoshi Nakamoto, the creator of #Bitcoin, may have up to $60 billion of the coin. With the recent price increase, they have now surpassed Mike Bloomberg's net worth.
After the $804 million (14,608 BTC) outflow from Coinbase a few hours ago, the total amount of #Bitcoin held on exchanges has reached a new low
Crypto Signals
ETH/USD is currently in a very interesting area. In a bullish scenario, we need to close above the red area. For a bearish scenario, we need to see a close below the trendline (approx $1500)
Ethereum testing resistance I mentioned 2 days ago.
This is decision time!
Close above will set us very close to reaching new ATH with the momentum that will be created.
On the other side, weakness in this area can bring us closer to the trouble area (trendline that’s currently just above $1500).
Close below that trendline can set us for a bigger correction.
This is decision time!
Close above will set us very close to reaching new ATH with the momentum that will be created.
On the other side, weakness in this area can bring us closer to the trouble area (trendline that’s currently just above $1500).
Close below that trendline can set us for a bigger correction.