Bitcoin (BTC) Metrieken indicate that the flagship Crypto-Activa will soon be able to print fresh all-time highlights, according to new insights from Market Intelligence Firm Swissblock.
In a new message on the social media platform X, Swissblock out Bitcoin has more upward potential, because important statistics still have to suggest that there is a top.
“Is BTC at the top? The current market structure suggests differently. Here are three concise, data-controlled graphs that indicate further upward-based in:
- Liquidity stiming.
- Behavioral signals.
- Capital rotation. ”
Swissblock out The “optimum signal” metric, which follows the duration of earlier explosive Bitcoin movements, suggests that the flagship Crypto -activum has the potential to stay in an upward trend for more than 10 extra days.
“Based on the optimum signal of Bitcoin Vector, each of the last major BTC extensions lasted 15-30 days. We are currently currently rotating in ETH on day 12 with capital. This cycle seems incomplete.”
Next, the company looks With Crypto Analytics Firm Glassnode’s Short -term Holder (STH) Relative non -realized profit metetry, which is a measure of the total profit of all existing coins of which the price at realization time was lower than the current price, normalized by market capitalization.
“Glassnode’s short-term holder Relative non-realized profit remains far below the threshold that is reached during previous cycles (January and April 2024). Market participants do not show any signs of excessive profit or euphoria.”
Finally, the company out That veteran on-chain analyst Willy Woo’s Volume-weighted average price (vwap)-indicator, as well as his own ‘speculation index’, suggests that Bitcoin still has to reach a cyclespiek.
VWAP is the average price of an active for a certain period, but weighed for trade volume.
“Both [Willy Woo’s] Speculation index and vwap -readidity confirm that the market is not yet overheated. Neither indicator has reached extreme extreme cycle, suggesting that continuous support for higher prices. “
Bitcoin acts for $ 119,042 at the time of writing.
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