Glassnode flags positive shifts in Bitcoin’s fundamental metrics
Against a backdrop of waning activity in the bitcoin-derivatives market, constructive medium- and long-term trends are emerging, according to Glassnode analysts.Glassnode is a blockchain data and intelligence platform providing insights into cryptocurrency markets.
Glassnode flags positive shifts in Bitcoin’s fundamental metrics
Against a backdrop of waning activity in the bitcoin-derivatives market, constructive medium- and long-term trends are emerging, according to Glassnode analysts.
Glassnode analysts concede Bitcoin may have bottomed
Bitcoin has not been able to break out of the February-established range, but the process of redistributing coins from speculative investors to hodlers has already been completed. Glassnode did not rule out such a scenario.
Glassnode: profit-taking and subdued demand push Bitcoin back into its former range
Bitcoin did not confirm the upside breakout from consolidation due to a wave of profit-taking. The market still awaits a noticeable influx of funds or new users, Glassnode noted.
Glassnode notes continued Bitcoin accumulation trend among whales
Last week the trend of Bitcoin accumulation among various market participants continued.
Glassnode analysts say Bitcoin has entered the second half of the bear market
Despite numerous macroeconomic and geopolitical challenges, Bitcoin has likely entered the bear market's second half, according to Glassnode analysts.
Glassnode Analysts Warn of Impending Bitcoin Volatility Spike
The rise in implied volatility and higher leverage in the derivatives market point to a likely onset of sharp Bitcoin price swings, according to Glassnode analysts.
Glassnode analysts acknowledge potential final capitulation by Bitcoin investors
Geopolitical tensions and uncertainty around the Fed policy have cooled hodler accumulation of bitcoins. With a large share of coins in the red among short-term holders, a final capitulation cannot be ruled out, Glassnode said.
Glassnode analysts flag risks of further bitcoin price decline
Expectations of a Fed rate hike and geopolitical tension are feeding bitcoin investors' pessimism and heightening the prospect of selling loss-making coins. Glassnode analysts say.
Glassnode: Crypto investors de-risk ahead of Fed meeting
Bitcoin investors reduced leverage and hedged by buying put options in anticipation of the Fed's March meeting, according to Glassnode analysts.
Glassnode analysts point to reasons behind Bitcoin’s price rebound
Bitcoin's rebound from January’s lows was driven by a broad set of metrics suggesting the asset was historically undervalued, and by a sharp rise in new addresses, according to Glassnode analysts.We use cookies to improve the quality of our service.
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