glassnode: Bitcoin Makes a Round Trip - The Week On-chain 50, 2023 (Bitcoin On-chain Analysis)


📝 Quick Summary

Source: Youtube Glassnode

Type: Video

Published: December 12, 2023 at 02:00 PM (about 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 performed a round-trip this week, rallying to new yearly highs before selling off towards its weekly open. After such a powerful 2023, the rally seems to have met resistance, with several indicators suggesting a degree of near-term exhaustion.

📰 Written Report: https://glassno.de/47NKyh8
📊 Live Dashboard: https://glassno.de/3Gv5PAo

Topics for Discussion:
- Modelling market cycles using investor cost basis models.
- Estimates of fair value using the NVT Price model.
- Analysis of Short-Term Holders in Profit and Loss.
- Developing local top and...

📊 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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