Johnson
@moonfun
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67 Followers
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" #BTC Reduced Distribution Speed, Suggests Long-Term Investor Holding Trends"
The Velocity indicator is the total amount of coins moved over a year divided by the total supply, which is an indicator of how fast the coins are circulating in the market.
Average coin dormancy is a measure of when and how much Bitcoin, which hasn't moved for a long time, is an indicator of long-term investors' coin movement. (Concepts different from Velocity)
In 2024, Velocity has remained close to the bottom for nearly a year. Even when the price rose from $35k to $73k, the market's Bitcoin flow did not increase much. Around March 2024, when the ATH was broken, Dormancy rose significantly, meaning Bitcoin, which had been asleep for years, had moved.
The fact that Velocity has not increased despite the surge in Dormancy suggests that investors are looking to hold Bitcoin for a long time (HODL) overall. However, as prices have risen significantly, Dormancy has risen as some long-term holders have sold Bitcoin. 0 reply
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" #BTCStill Bullish Markets, Opportunities to Buy When Adjusting Outstanding Arrangements"
Looking at the first chart, the buildup of large Bitcoin holders (1,000 to 10,000 BTC holding wallets) is increasing, which is similar to the rise in the first quarter of 2024.
If you look at the second chart, Bitcoin's earnings/loss indicator, it's a strong upward signal that the two indicators aren't intersecting and are moving away again.
If you look at the third chart, the Bitcoin Return Ratio Indicator, about 85% of the Bitcoin are in profit. If it rises above that figure, there is a high probability of an upward rally.
If you look at the fourth chart, the open interest chart, it's a good opportunity to buy when the higher open interest is readjusted and falls below the orange line. 0 reply
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