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G a a h Profile picture
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20 Sep, 6 tweets, 3 min read
1. The number of transactions occurring on the #Bitcoin network still below the yellow average, signals little movement on the chain. If this number stays above the yellow average indicates new dormant participants moving in, volatility in the price is expected. Image
2. Already the average number of tokens transferred on the network points to another new top, followed by 3 tops in sequence since trapping at major support. The latest record points to an average of 42.15 #BTC transferred per transaction. Image
3. Long-time participants in the chain continue to move, the high volume and low frequency on the network indicate that short-term holders are staying out of the market. Image
4. At times of price volatility the network starts to get busier. Low rates indicate a moment of calm among holders in the chain.

5. Recently a large whale moved ~44,598 #BTC, that's about $2.120 billion paying only $0.81 in fees.👇 Image
Often these participants are in no hurry to transfer assets and choose the best time to trade.

blockchain.com/btc/tx/e09d4bb…
6. As the price appreciates in dollar terms and the feeling of Euphoria rises in the market, the fees tend to increase on average because a search for transferring assets to exchanges becomes intense.

Read also at Quicktake:
cryptoquant.com/quicktake/6148…

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More from @gaah_im

G a a h Profile picture
23 Sep
The best time to buy #Bitcoin is now!

The ratio MVRV is defined as the market capitalization of an asset divided by the realized capitalization. With this indicator it is possible to map the behavior in previous cycles and define the revenue of the current moment.

Thread👇👇 Image
1. Ranking the phases of the cycles in sequence of 1-3 starting with NUMBER 1 after the start of the bull market and the top meeting in the middle of the bullish cycle.
2. There is a historical moment in the middle of the bull run, where it always looks like the end of the valuation, however it is just a short-term top in the middle of the bullish run. By hitting that top and offering the best buying moment within the bull market, 👇 Image
Read 16 tweets
G a a h Profile picture
22 Sep
3.5 channel breaks in 2013, reversal requires 4 total channel breaks, totaling 1 entire sub-cycle. Image
2.5 channel breaks in the correction we are currently in, much softer than 2013 even retracing -55% since the last top. Image
After testing in the Neutral Zone, retracement to the stealth point (50% of the REFERENCE CHANNEL) historically occurs.

This point is important as it is where market sentiment turned, as well as being the daily close of the first dip and also the bar close of the Monthly chart. Image
Read 8 tweets
G a a h Profile picture
21 Sep
The yellow dotted arrow shows the complete move, it advances 0.5 of the channel in a complete move.

The breakout attempt above 50% led to the trap, and is discounted later in the PIVOT to miss the main bottom of the last few pattern moves. Image
Breaking through sets up a new full move and hits $37k, at the stealth point of the price rebound.

It has only walked 0.5 of the move (the discount at 50% and at the PIVOT). This moment is crucial for the Bulls to advance above $44,400 and have a daily close. Image
If this does not happen, the full move must be completed.

The quick turn around after the dip to $40k has a high probability of being Short positions.

Interest at this time in opening short positions should increase as sentiment is in fear and speculators take advantage. Image
Read 4 tweets
G a a h Profile picture
21 Sep
About Management and Risk, follow the Thread👇

1. Due to the Macro environment in the chain and the cyclical moment that #Bitcoin is in, I am leaving the more aggressive Risk Management in the Private Fund (BANCA2) that I manage.
2. Today we have positions in over 10 different crypto-actives, including the largest position in #Bitcoin .

The targets set are according to the expansions of my operating model, so they will only be hit when the market wants them.
3. First target in 2 #Bitcoin operations were reached around $51,000 - $52,000

Still the Private Investment Fund has 45-50% of the dollar cash available for operational, plus that cash will go up if it needs it, as there is more liquidity in the Fund for this next leg up.
Read 9 tweets
G a a h Profile picture
8 Sep
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.👇

It was a big, massive sell off, returning the Reserves to December 2019 levels.

3/5 Compared to the recent sell-off one can conclude that the miners tend to continue accumulation as the MPI is also in the yellow phase.👇
Read 5 tweets
G a a h Profile picture
7 Sep
HODLERS stronger than ever! #Bitcoin

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.

Read 6 tweets

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