1/5 SCA in record after record, HODLERS never stopped buying, they are accumulating more than ever.
Long-term holders aged 2-3 years and 12-18 months continue to accumulate strongly, as reflected in the SCA.
Follow the Thread👇👇
2/5 This indicator is the value of the sum of unspent coins, transaction output in live days, and their value.
Since testing support at $30,000 these guys have flipped their hand to buy.
3/5 We should keep an eye on holders aged 3-6 and 6-12 months, as @DanielJoe916 mapped out recently and made this part clear, they have absorbed practically all liquidity from the correction with long term holders.
4/5 Short-term holders aged 1-4 weeks and 1-3 months have yet to come back into the market, these guys come in later and historically buy strong as the price goes up strong, the same happens on the sell.
However these holders have dumped early and offered in the correction,👇
precisely for another hand to buy.
5/5 So those who continue to accumulate from the fund are the strong hands leading long-term, big whales and also the miners are in this phase and we know that when they sell a top may be near.👇
Accumulating in this range it is expected that the uptrend will continue and advance the last top.
1/5 Miners back accumulate from the correction to the support at $30,000, there were miners selling during the correction, but only to supplement cash as there was the ban in China and then they had to relocate to a different location.
Thread👇👇
I recently posted the pattern identified in the MPI, which shows when miners sell.
2/5 The Reserves show the time when they offered to sell, around $25,000 to $30,000 right at the beginning of the year.👇
[The bull market is not over, phase 1 has just begun!]
1/7 Historically #Bitcoin cycles follow a pattern divided into 4 sequence. The starting point is the first mid-cycle top post Halving onward, this is an update of the recent charting I did.
Thread 👇👇
2/7 The yellow box is touched when prices make a mid-cycle top, historically the end-of-cycle top is only realized with Puell Multiple hitting the red box, this has been the case in all previous cycles.
3/7 It can be expected that the end top of the current valuation cycle will finish at least in the red box, leading prices to a new All Time High soon.
4/7 In order to mark the pattern, the 2011 and 2013 cycles also followed it in this way,
$65,000 is not top end of #Bitcoin cycle, bull market is not over!
I recently did an article using MVRV to map the cycles and behavior during bear and bull market period
In this text you will see a new cycle mapping, but using another data, this time the Puell Mutiple
Thread👇
1. The mapped sequence tells the timing during Bitcoin's bull and bear market. The cycles are standardized and the movements are similar.
In all cycles there were tops in the middle of the bull market in which led the Puell Multiple towards the green box (bottom|buy region) 👇
signaling the best buying moment during the bull market, the MVRV indicator also indicated this moment.
2. The red box marked ALL of #Bitcoin 's END-CYCLE TOPS, and see how the $65,000 top arrived only in the yellow box, which also signals tops, but not end-of-cycle tops.
1. I recently posted a Quicktake saying that we are not in a bear market and did the comparison of the current cycle with the previous cycle, 2017 using the MVRV. Now, we have the full chart from the first moves to the first Halving and the 2013 cycle which is quite similar to...
current bull run that has not been reversed yet.
2. The yellow box is the best time to sell and the box in green signals the best time to buy, already below in the box in blue is a peculiar moment that happens only in bear market after hitting a top in prices near the Halving ..