A lot of #DeFi projects tweet “Monday 👀”.
There seems to be a big event on February 6. Does anyone know what it is?
The supply of the Tether stablecoin continues to grow amidst the bitcoin price rally as new capital comes into the digital asset ecosystem.
Читать полностью…Monthly #Bitcoin bull rallies of around 39% or greater have only occurred 10 times since 2014.
On average, these rallies have seen continued positive forward performance over the next year.
CME’s $BTC options contracts rose 214% in January to 8,452 contracts traded, reaching $851m. The largest number of options traded in over a year.
Читать полностью…Each time Supply in profit/Loss has converged marked a #Bitcoin bottom in each cycle.
Roughly 12.5m #BTC are sitting in profit, the most amount since March '22, just before the collapse of Luna.
$LINA is about to breakout the descending channel. It will be huge if the breakout is successful. Buy some here!
Читать полностью…🧧 Happy Lunar New Year! May luck always be at your door and shower you with blessings.
Читать полностью…For the first time since June, #Bitcoin has seen a greater volume of Profits realized on-chain than losses.
During bear cycles, this tends to act as a psychological level where investors sell at, or near break-even, creating resistance.
A convincing break above 1.0 for Realized P/L Ratio, or aSOPR has historically signalled a cycle regime shift is underway.
A successful retest and bounce of aSOPR from 1.0 is often observed near cycle turning points.