BTCBitcoinBullishBitcoin

2/17/2022 on

BTC flow from exchanges breaks important level, bullish movement?

The flow of Bitcoin from exchanges to private wallets broke an important level in which the amount of BTC's helds in the exchanges had previously stabilized, that level has been broken because BTC held in exchanges continues to decrease, this is a Bullish signal  

BTCBitcoinBullishBitcoin

1/2/2022 on

Despite the economics and the coronavirus problems of 2021 Bitcoin proved to be solid and resilient, will it be also in 2022?

Through the analysis of the trend of the ammount of BTC held in the exchange we can see that from January 2021 until December 2021 the Bitcoin reserves have decreased, this is a very important data because it shows us how despite the problems of the coronavirus variants and the economics problems the people continued throughout all the 2021 to invest in bitcoin and hold them on their private wallets with a bullish view in the long term. We will see how the trend of Bitcoins held in exchanges continues this new Year, however for now the projection of bitcoin in the long term still remain bullish. P.S Happy new year ;)  

BTCBitcoinBearish(Nuanced)Bitcoin

12/19/2021 on

Could Bitcoin's Bearish movement continue?

Analyzing the Bitcoin adresses count inflow, we can see that every time the number of BTC adresses that make inflow transactions to the various exchanges increase it follows a clear bearish movement in the price of Bitcoin, this also happened on November 9 when the adresses count inflow has increased significantly compared to the previous 4 months, and in fact has resulted in a bearish movemente of the price of Bitcoin. Right now we are facing a correction that will not last long in fact when the value of the adress count inflow will stabilize in the area shown in the chart (green circle) Bitcoin will start a new bullish movement, but we need to wait that signal, for this reason in the short term we are still Bearish.