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Bitcoin and the increasing importance of on-chain data, analytics
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ambcrypto.comOn-chain analysis has become quite integral to Bitcoin analysis over the past few years. Understanding supply-demand dynamics, levels of activity, and short-term long-term holder mechanics define some trading characteristics of the network.
Yet, during an aggressive bullish market, the credit is laid out more towards investor sentiment or futures market, which is considered as breakout catalysts. While not completely away from being accurate, it is important that the on-chain fundamentals are looked upon from a point of economic flow and market participants since they predominantly describe the larger market horizon.
While metrics such as MVRV ratio, SOPR have been discussed extensively over the past few months, some of the following metrics
Read more on ambcrypto.comAbout this in other media
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