To predict Bitcoin price trends by analyzing holding address distribution, focus on key metrics like the concentration of BTC in large wallets, the number of active addresses, and changes in accumulation patterns. A high concentration in whale addresses (e.g., top 1% holding over 90% of supply) may signal potential sell-offs, driving prices down. Conversely, an increase in smaller addresses holding BTC often indicates retail accumulation, a bullish sign. Monitor dormant addresses too—reactivation could suggest profit-taking or distribution. Combine this with on-chain data like transaction volume and HODL behavior for context. For instance, if long-term holders start moving coins to exchanges, bearish pressure might follow. Web and X searches can validate trends with sentiment analysis. This method offers probabilistic insights, not certainties, due to market complexity. 0 reply
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