This confirmation of the Bitcoin bear has not yet appeared, reveals Glassnode
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The Glassnode chain analysis company has revealed in a report How this historical confirmation of the bear market has not yet appeared for Bitcoin in the current cycle.
Bitcoin The unrealized loss has not yet increased for long -term holders
In his latest weekly report, Glass nose discussed the trend of unrealized loss for the two main Bitcoin cohorts. THE “UnrealizedIs a chain indicator that measures the total amount of the loss that the BTC deals as a whole.
The metric works by passing through the transfer history of each room in circulation to see at what price it was moved for the last time. If this previous negotiation price is more than the current cash price of any token, this particular token supposed to have a net loss.
The indicator takes the difference between the two prices to find the exact measurement of this loss. He then added this value for all the coins in circulation to find the total of the network.
In the context of the current subject, the usual version of unrealized loss is not that of interest, but rather a new variant known as the loss not carried out by percent. As the analytical company explains,
While the market continues to contract, it is reasonable to expect the absolute size of unrealized losses to increase. To take this into account and normalize through variable variations prints, we introduce a new variant of metrics: Loss not carried out by percentwhich expresses the losses held in terms of BTC compared to the percentage of drop from the top of all time.
First of all, here is a table that shows the trend of this bitcoin indicator specifically for short -term holders:
“”Short -term holders(STHS) refer to Bitcoin investors who bought their parts in the last 155 days. BTC is currently negotiated in the levels in which it was in the majority of this window, so these holders are mainly in a loss state.
The loss not carried out by percent highlights this trend, because its value has recently increased. Interestingly, the indicator is already at a level sufficient to be comparable to the values observed at the start of the previous bears markets.
Although the STH are in substantial losses, the same is not true for the other side of the market: the “long -term holders»(LTHS).
These investors, who have been keeping their coins for more than 155 days, do not at all carry an unabled loss at the moment. In the past, LTHs have generally seen their loss increase during the transition to a lower market.
As the report notes,
Historically, substantial expansions of unrealized losses among long -term holders have often marked confirmation of bears market conditions, but with a delay after the peak of the market.
So far, this signal has not appeared for Bitcoin. Something to keep in mind, however, is the fact that the best buyers will soon promote LTH. Once this happens, the loss among the group is likely to record an increase.
BTC price
Bitcoin saw a break in the recovery rally, because its price took the lateral movement around $ 85,000.
(Tagstranslate) Bitcoin
( #confirmation #Bitcoin #bear #appeared #reveals #Glassnode👈 الهاشتاج الاخير المطلوب انسخ الكلمة فقط بدون العلامة )
👑 #MR_HEKA 👑
The Glassnode chain analysis company has revealed in a report How this historical confirmation of the bear market has not yet appeared for Bitcoin in the current cycle.
Bitcoin The unrealized loss has not yet increased for long -term holders
In his latest weekly report, Glass nose discussed the trend of unrealized loss for the two main Bitcoin cohorts. THE “UnrealizedIs a chain indicator that measures the total amount of the loss that the BTC deals as a whole.
The metric works by passing through the transfer history of each room in circulation to see at what price it was moved for the last time. If this previous negotiation price is more than the current cash price of any token, this particular token supposed to have a net loss.
The indicator takes the difference between the two prices to find the exact measurement of this loss. He then added this value for all the coins in circulation to find the total of the network.
In the context of the current subject, the usual version of unrealized loss is not that of interest, but rather a new variant known as the loss not carried out by percent. As the analytical company explains,
While the market continues to contract, it is reasonable to expect the absolute size of unrealized losses to increase. To take this into account and normalize through variable variations prints, we introduce a new variant of metrics: Loss not carried out by percentwhich expresses the losses held in terms of BTC compared to the percentage of drop from the top of all time.
First of all, here is a table that shows the trend of this bitcoin indicator specifically for short -term holders:
“”Short -term holders(STHS) refer to Bitcoin investors who bought their parts in the last 155 days. BTC is currently negotiated in the levels in which it was in the majority of this window, so these holders are mainly in a loss state.
The loss not carried out by percent highlights this trend, because its value has recently increased. Interestingly, the indicator is already at a level sufficient to be comparable to the values observed at the start of the previous bears markets.
Although the STH are in substantial losses, the same is not true for the other side of the market: the “long -term holders»(LTHS).
These investors, who have been keeping their coins for more than 155 days, do not at all carry an unabled loss at the moment. In the past, LTHs have generally seen their loss increase during the transition to a lower market.
As the report notes,
Historically, substantial expansions of unrealized losses among long -term holders have often marked confirmation of bears market conditions, but with a delay after the peak of the market.
So far, this signal has not appeared for Bitcoin. Something to keep in mind, however, is the fact that the best buyers will soon promote LTH. Once this happens, the loss among the group is likely to record an increase.
BTC price
Bitcoin saw a break in the recovery rally, because its price took the lateral movement around $ 85,000.
(Tagstranslate) Bitcoin
( #confirmation #Bitcoin #bear #appeared #reveals #Glassnode👈 الهاشتاج الاخير المطلوب انسخ الكلمة فقط بدون العلامة )
👑 #MR_HEKA 👑
The Glassnode chain analysis company has revealed in a report How this historical confirmation of the bear market has not yet appeared for Bitcoin in the current cycle.
Bitcoin The unrealized loss has not yet increased for long -term holders
In his latest weekly report, Glass nose discussed the trend of unrealized loss for the two main Bitcoin cohorts. THE “UnrealizedIs a chain indicator that measures the total amount of the loss that the BTC deals as a whole.
The metric works by passing through the transfer history of each room in circulation to see at what price it was moved for the last time. If this previous negotiation price is more than the current cash price of any token, this particular token supposed to have a net loss.
The indicator takes the difference between the two prices to find the exact measurement of this loss. He then added this value for all the coins in circulation to find the total of the network.
In the context of the current subject, the usual version of unrealized loss is not that of interest, but rather a new variant known as the loss not carried out by percent. As the analytical company explains,
While the market continues to contract, it is reasonable to expect the absolute size of unrealized losses to increase. To take this into account and normalize through variable variations prints, we introduce a new variant of metrics: Loss not carried out by percentwhich expresses the losses held in terms of BTC compared to the percentage of drop from the top of all time.
First of all, here is a table that shows the trend of this bitcoin indicator specifically for short -term holders:
“”Short -term holders(STHS) refer to Bitcoin investors who bought their parts in the last 155 days. BTC is currently negotiated in the levels in which it was in the majority of this window, so these holders are mainly in a loss state.
The loss not carried out by percent highlights this trend, because its value has recently increased. Interestingly, the indicator is already at a level sufficient to be comparable to the values observed at the start of the previous bears markets.
Although the STH are in substantial losses, the same is not true for the other side of the market: the “long -term holders»(LTHS).
These investors, who have been keeping their coins for more than 155 days, do not at all carry an unabled loss at the moment. In the past, LTHs have generally seen their loss increase during the transition to a lower market.
As the report notes,
Historically, substantial expansions of unrealized losses among long -term holders have often marked confirmation of bears market conditions, but with a delay after the peak of the market.
So far, this signal has not appeared for Bitcoin. Something to keep in mind, however, is the fact that the best buyers will soon promote LTH. Once this happens, the loss among the group is likely to record an increase.
BTC price
Bitcoin saw a break in the recovery rally, because its price took the lateral movement around $ 85,000.
(Tagstranslate) Bitcoin
( #confirmation #Bitcoin #bear #appeared #reveals #Glassnode👈 الهاشتاج الاخير المطلوب انسخ الكلمة فقط بدون العلامة )
👑 #MR_HEKA 👑
100%
انسخ اخر هاشتاج فقط بدون هذة العلامة # لتآكيد مهمتك انسخ الكلمة فقط لا تنسخ علامة # معهآ ليتم قبول مهمتـكـ
(Tagstranslate) Bitcoin
