Called $BTC bearish on Jun 11, 2022: $BTC fell 28% over the next 6 days.
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Cite asCryptoQuant has tracked 21 directional calls by @Edris on CryptoQuant since Nov 2021: tracked, not yet ranked (below the accuracy-scoring baseline) (as of Nov 11, 2026).
Called $BTC bearish on Jun 11, 2022: $BTC fell 28% over the next 6 days.
View call →Miners are likely to initiate the next big crash
2022 has been showcasing how bad a Bitcoin bear market can really be, and it is getting even worse. After multiple defaults and bankruptcies during the last few months and a gruesome decline in price, the miners are seemingly beginning to capitulate. Miners may be considered as the most important participants in the Bitcoin space, as they are responsible for network security. They have also accumulated massive amounts of BTC during the last few years, and their buying or selling pressure can move the price significantly. Therefore, miners capitulating is definitely bad news. According to the Miner Reserve metric which measures the total amount of Bitcoin held by miner wallets, they have been selling BTC in huge chunks recently, which can be identified on the chart by the significant plunge in the reserve. This worrying signal comes after various rumors about the miners failing to repay their debts, and could set up the market for another massive crash in the short-term.  
View original →Many loyal Hodlers have sold; What to expect?
✔️ During the late phases of bear markets, even the more loyal investors tend to capitulate out of fear and sell their coins at huge losses to prevent bigger ones. The other side of this trade is usually the smart money, a cohort of market participants with deep enough pockets to be able to accumulate cheap coins during a gruesome downtrend. ✔️ One of the most useful metric analyze capitulations, is the Exchange Inflow SOAB metric. Looking at the chart, it is evident that coins aged between 6-18 months ago have been sold aggressively recently. These coins have been bought between April 2021 and April 2022 at prices above $30K. This signal means that many holders who have entered the market during the 2021 bull market and above the $30K mark, have recently capitulated and exited the market at an approximate 50% loss. ✔️ These types of capitulations tend to occur during the last months of a bear market, pointing to a potential bottom formation in the near future.  
View original →Miners are finally capitulating
Bitcoin’s price has been consolidating at the $20K level for the past few weeks, making investors wonder whether an accumulation or distribution phase is going on. Looking at the Miners Reserve chart, it seems like the latter is the case. According to CryptoQuant’s data, the miners have offloaded the largest amount of Bitcoin over since January 2021 over the last couple of weeks. The Miners are under a lot of pressure as the recent price decline of Bitcoin has made mining far less profitable, putting many miners at a loss. These miners are now forced to sell their Bitcoin at current market price to minimize the potential losses and lower their overall risk. ⚠️ Consequently, the selling pressure caused by this capitulation event could push the price even lower in the short-term and Bitcoin could drop well below the $20K mark in the near future.  
View original →Bitcoin whales are selling at a high rate
✔️ Whales (investors with huge capital) who are one of the stronger hands in the Bitcoin market, have recently entered drawdown region, as the market has dropped below their realized price and the significant $20K level. This means that many of these large entities are now holding their coins at a loss, forcing some of them to sell before a bigger loss is inflicted on their portfolios. ✔️ The Exchange Whale Ratio metric which is a useful tool for tracking the Whales behavior, is showing a massive rise over the past few weeks, indicating a substantial increase in Bitcoin deposits to the exchanges by the whales. It seems like many whales have reached their risk threshold and are offloading their Bitcoin at these price levels. ❗️This selling pressure and rise in supply would likely cause another drop in the short-term. However, it also means that the bottom could be close, as Bitcoin seems to have entered the final stage of the bear market.  
View original →Futures market sentiment analysis: Consolidation or bullish pullback in the short-term?
✔️ Bitcoin’s price action has been mostly determined by the Perpetual Futures market over the last 18 months. One of the key indicators to evaluate the Futures market sentiment is the Taker Buy Sell ratio which in short, indicates whether the bulls or the bears are more aggressive and in control. ✔️ As demonstrated on the chart, values below 1 indicate more selling pressure and would likely coincide with bearish price action. Conversely, values above one tend to lead to bullish price action. ✔️ Currently, it is evident that this metric has broken above 1 and the price seems to be consolidating and potentially, start a bullish trend in the short-term. However, note that it could just be a consolidation or a bullish pullback before another continuation lower. So, many other factors should be considered closely in the coming weeks in order to determine if a bullish reversal or another bull trap could be expected.  
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