glassnode: Supply Discovery - The Week On-chain 07, 2024 (Bitcoin On-chain Analysis)


📝 Quick Summary

Source: Youtube Glassnode

Type: Video

Published: February 13, 2024 at 03:00 PM (almost 2 years ago)

Topics: BITCOIN

Video Description

Subscribe to our second channel - Glassnode Clips - delivers bite-sized weekly analyses, offering insights into Bitcoin and the wider crypto market's trends, performance, and on-chain metrics. https://www.youtube.com/@glassnodeclips

Bitcoin investors have been rewarded for their patience and conviction, with BTC prices rallying to multi-year highs above $50k. The volume of supply held at a loss is also thinning quickly, with just 13% falling into this category.

📰 Written Report: https://glassno.de/3wfrElD
📊 Live Dashboard: https://glassno.de/3HYCvms

Topics for Discussion:
- Assessing the incredible strength of the Bitcoin market YTD.
- Analysis of LTH Supply, whilst accounting for the impact of GBTC.
- Distribution of investor cost basis and supply in profit/loss.
- Tools to track...

📊 Why This Matters

This video from glassnode provides insights into the latest cryptocurrency developments. Stay informed about BITCOIN market movements, technical analysis, and breaking news from trusted sources in the crypto community.

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💡 What You Should Know

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How to Use This Information: Watch the full video for detailed technical analysis, market commentary, and expert perspectives. YouTube creators often provide charts, price predictions, and educational content.

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