Hodlers Addresses vs Bitcoin Price
(3/3) This is the third and final part of my study on "Ownership by Time Held".
The first two parts are in the links below:
👨🦲Hodlers: Addresses that have been holding for over one year. These are seen as long-term investors
📈 This indicator always points up.
Placing an 8-week exponential moving average, it is rare to see it below it.
📅This only happened on June 6, 2011, February 12, 2018 and December 28, 2020.
🔻Every time this happened, it was a harbinger of the top of the Bitcoin price.
So, if by chance the indicator is below the average again, I deduce that the price of Bitcoin will fall even more.
The first two parts are in the links below:
👨🦲Hodlers: Addresses that have been holding for over one year. These are seen as long-term investors
📈 This indicator always points up.
Placing an 8-week exponential moving average, it is rare to see it below it.
📅This only happened on June 6, 2011, February 12, 2018 and December 28, 2020.
🔻Every time this happened, it was a harbinger of the top of the Bitcoin price.
So, if by chance the indicator is below the average again, I deduce that the price of Bitcoin will fall even more.
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.