Block Thoughts
@BlockThoughts
Daily Blockchain Thoughts! Market research team from Plan-M Inquiries: [email protected] #Crypto #Bitcoin #Ethereum #DYOR
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If you experience temper tantrum in case of price corrections: 1- Always save profits (if any) and secure your initial capital. 2- If you believe in what you have invested in, don't check the chart every minute. Have some faith. 3- Try meditation. #Bitcoin #Ethereum #Crypto
#Bitcoin's hash rate continues to grow at an aggressive pace. The most secure computer network in the world is getting stronger without a concern for financial market conditions.
A #bitcoin dip down to it's realized price (average on-chain cost basis) is entirely possible and has been consistent with previous market bottoms in bear market cycles. Realized price is $24.3k at the moment.
Accumulation period statistically leads to a potential upside with good risk/return 🔥 The rate of change (ROC) in the SOPR of long-term Holders indicates the moments of accumulation and distribution of these entities. #bitcoin
Some good news on this Easter weekend: We were able to start hosting app.hydranet.ai on our hosting providers, so dashboard, staking, and bonds are now live again. Thank you again for your patience! 🙏
Meanwhile, another all-time high today on the supply-side of the equation. #Bitcoin #Crypto This divergence between price & illiquid supply since the Nov 2021 "peak" is looking very overheated 🔥
#Bitcoin small holders (1-10 BTC wallets) have been stacking since the 2021 summer crash. What is interesting, they are still stacking now, completely unaffected by the current dip. Nice divergence.
Which one would you pick to lend your USDC? #Hodlnaut #Ledn #BlockFi #celsiusnetwork #Nexo #Youhodler @hodlnautdotcom
Whales are accumulating #BTC again, after divesting since October ’21 Early sign institutional money is coming back in the game
maximum of 12 months (only 6 in 2018) to recover. The lowest we've been, however, was 44%, giving traders the best opportunity to buy. Keep this in your mind in case we're there again. #Bitcoin
Are you buying in this bloodbath? #Hodl on @hodlnautdotcom - Loss Insurance - Higher Rates - Free Withdrawals #Hodlnaut #BTC #ETH #Stablecoins
The 30-day avg Long-Term Holder (LTH) net position change is entering positive territory again 💪 The LTH sell pressure that was triggered around the time of the ETF approval (Oct) and latest ATH (Nov) is now more or less gone. Will LTHs resume selling when we near ATH again?
Orange coin essentially just been trading for 5hrs a day this past week. A burst of volume before and after US open then back to a deep slumber.
Which platform would you use for your USDC lending?
🔵Illiquid Supply, the #BTC held by strong hands, is back >76% of supply- the level it reached in April before this group (led by mid-term investors) sold the top on Coinbase's direct listing date. I expect HODLer demand to further grow in 2022 while macro remains a shit show.
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