Market Analysis
While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish.
Chris Voehr
Chris is a passionate on-chain data analyst and long-time crypto investor with a keen interest in the establishment of an open, decentralized and borderless financial infrastructure. He holds an MBA with a focus in Finance and worked in the financial industry for a bank and a financial services company until he fell into the Bitcoin rabbit hole. He enjoys nature, traveling and healthy food.
Bitcoin whale watching: This metric that called the 2017 top is now flashing red - Market Analysis
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Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly.
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