Jaouad's blog on decentralized web

Long Term holders' Capitulation

Long Term holders' Capitulation 🔸 When market participants suffer significant losses, suggesting a “Capitulation” event, markets usually enter a bottom discovery structure phase. 🔸 Given that long-term holders own most of the supply,

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📈 CryptoQuant: record all-time records of both withdrawals and deposits of BTC on Coinbase.

📈 CryptoQuant: record all-time records of both withdrawals and deposits of BTC on Coinbase. Such high activity is a sign of surrender. For example, in 2018, the most traded level with the highest onchain activity was around 4-5k per BTC. That's when miners began to capitulate, just like the rest

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Bitcoin bottomed in last week, predicted by similar price correction behaviors.

Bitcoin bottomed in last week, predicted by similar price correction behaviors.🔸 Similar behaviors within the same ratio price range from ATH to ATL (both around 72%-73%) 🔸 Price action fractals are also identical 🔸 RSI has the same movement also 🔸 Indicate the possibility of

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The Bitcoin drawdown from ATH has reached 73.3%, compared to previous bear market lows of between 75% and 84%.

The Bitcoin drawdown from ATH has reached 73.3%, compared to previous bear market lows of between 75% and 84%.The duration in this bear is: 435-days from the Apr-2021 ATH 227-days from the Nov-2021 ATH This firmly places the current bear within historical bear norms

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Most Bitcoin cyclic indicators suggests we're forming a bottom

Most Bitcoin cyclic indicators suggests we're forming a bottom A test of patience and conviction for investors and probably not a good time to short.

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Purpose Bitcoin ETF hodlings

Purpose Bitcoin ETF hodlings 🔸 The Canadian Bitcoin Purpose spot ETF saw the biggest outflow ever on Friday of 24.51k $BTC. 🔸 That is a drop of more than 50% of its AUM

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Canada's Purpose #Bitcoin ETF sold +24K $BTC yesterday - that's 51% of their total holdings 👀

Canada's Purpose #Bitcoin ETF sold +24K $BTC yesterday - that's 51% of their total holdings 👀

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bitcoin11 days

MARKET MOVEMENT

MARKET MOVEMENT Grayscale Bitcoin Trust (GBTC) Premium has dropped to a new All Time Low at -33.74%. Levels as low a this one have never been seen before with GBTC, however, every time we saw extreme discounts along extremely

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bitcoin12 days

GBTC discount drops to -33.7%, a new all-time-low.

GBTC discount drops to -33.7%, a new all-time-low.

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bitcoin13 days

🚨MARKET MOVEMENT🚨

🚨MARKET MOVEMENT🚨Bitcoin's ATM implied volatility has reached new multiyear highs (since March 2020), and looking like we could reach even higher if the market gets wilder over the next few weeks. Volume has also increased

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