Coin-Turk 3 minutes ago
8
The analysis of on-chain data assists individuals in anticipating price movements and preparing for potential market fluctuations. Current indicators help cryptocurrency traders understand possible price actions.
Bitcoin On-Chain Analysis
The Terminal Price metric, assessed alongside Coin Days Destroyed (CDD) while considering Bitcoin 
$98,445 supply, has proven to be a reliable tool for predicting past cycle peaks. Currently, the terminal price has surpassed $185,000, with expectations of reaching the $200,000 level as the cycle progresses.
The Puell Multiple compares daily miner revenues with the 365-day moving average. Following a decline in miner revenues post-halving, this metric indicates miners transitioning to profitability. A Puell Multiple above 1 signals advanced stages of a bull market.
The MVRV Z-Score compares market value to realized value while accounting for volatility. Currently, the score hovers around 3.00, indicating potential for growth in the market. The Active Add…
License.Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet
![Chainlink [LINK] whale sells after $30 rejection – What’s next? – BitRss](https://i3.wp.com/ambcrypto.com/wp-content/uploads/2024/12/Chainlink-Featured.webp?w=1200&resize=1200,0&ssl=1 "Chainlink [LINK] whale sells after $30 rejection – What’s next? – BitRss")