The Week On-chain – Is Bitcoin Building a Bottom – Week 29, 2022 (Bitcoin Onchain Analysis)

The Week On-chain - Is Bitcoin Building a Bottom - Week 29, 2022 (Bitcoin Onchain Analysis) thumbnail

Jeff Brown The Near Future Report

Bitcoin prices have now traded below the Realized Price for over a month, with many signals that a deep and complete capitulation has occurred. As a result, numerous signals indicate that genuine bottom formation could be underway.

📊 Metric of the Week: c
📰 Written Newsletter: B
🪟 Live Dashboard: P

Topics for Discussion:
– Bitcoin testing the underside of the Realized Price.
– Similarities between current market and past bear floors.
– Unrealized losses as a gauge for accumulation at bottoms.
– Realized losses as a gauge for capitulation.

Getting Started with Glassnode:
📈 Navigating Tops and Bottoms: A
⛓️ On-chain Activity: Q
⛏️ Mining Fundamentals: m
🪙 Supply Dynamics: K

Follow us and reach out on Twitter 🐦: e
Join our Telegram channel: e
For on-chain metrics and charts, visit Glassnode Studio: f
Join the discussion on Glassnode Forum: 5

0: 00 Introduction
2: 25 Price Action Context
3: 05 Days Below Realized Price
5: 05 MVRV and Realized Price
6: 45 Alert Idea – MVRV
7: 18 Realized, Balanced, and Delta Price Modesl
9: 20 Alert Idea – Balanced Price
9: 35 Unrealized Losses
12: 45 Relative Unrealized Loss
14: 50 Supply in Loss
15: 40 Long- and Short-Term Holders in Profit
17: 50 Realized Losses and Capitulation [USD]
18: 55 Transfer Volume in Loss [BTC]
20: 05 aSOPR
21: 00 Alert Idea – aSOPR 14-day SMA
21: 34 Percent Transfer Volume in Profit [90D EMA]
22: 35 Alert Idea – Percent Transfer Volume in Profit
22: 50 Realized Cap HODL Waves

The Glassnode video report provides a weekly analysis update of the trends, performance, and onchain metrics for Bitcoin and the crypto market.

This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.