Alphractal
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The Accumulation Trend Heatmap highlights key onchain sentiment shifts across BTC holders. Whales are distributing, Dolphins are accumulating the most since early August, while Sharks (1k-10k BTC) show the strongest correlation with Bitcoin’s price since 2023.
#BTC #Onchain #Bitcoin #Whale #Shark
#BTC #Onchain #Bitcoin #Whale #Shark
September 2, 2024 at 11:29 PM
Bitcoin must hold $54,450 to avoid a likely bearish move. The Alpha Price metric shows $65,300 as the next resistance and $54,450 as crucial support for the bull cycle
If BTC stays above this level, the bull run remains intact, but losing it could signal a bearish shift as many addresses face losses
If BTC stays above this level, the bull run remains intact, but losing it could signal a bearish shift as many addresses face losses
August 30, 2024 at 1:58 PM
Bitcoin must hold $54,450 to avoid a likely bearish move. The Alpha Price metric shows $65,300 as the next resistance and $54,450 as crucial support for the bull cycle
If BTC stays above this level, the bull run remains intact, but losing it could signal a bearish shift as many addresses face losses
If BTC stays above this level, the bull run remains intact, but losing it could signal a bearish shift as many addresses face losses