Get started

Utxo

Old wallets moving, BITCOIN CORRECTIONHello Traders As you can see in the chart above, we predicted the market correctly in the previous post. Now we expect a correction to lower levels. On the Onchain side, I put a metric called ASOL; Average Spent Output Lifespan, which shows the average age (in days) of spent transaction outputs. The metric value has spiked today, meaning that old wallets (UTXOs) were moving their bitcoins, which creates a risk for the price. Onchain and technicals combined, I think we can see lower levels over the weekend or might have a bearish consolidation. Note that this is an intraday analysis and is only valid for a couple of days or even hours. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea, please hit the boost button and follow me so you won't miss the updates. The information given is never financial advice. Always do your research too. Good luck.
Short
by Crypto_MD
4
BTC- Buy on the dip engine activated... Trial modeWill the BTC option launch on CME finally kick off the long-awaited price surge toward the glorious BTC halving? On the fundamental side, all the metrics list in my chart indicate that whales and long-term holders have not moved much of their BTC holdings in a while, a bullish scenario to me because it means we are less likely to see a huge selling pressure if this trend continues. The first hurdle, daily timeframe, is cleared as most technical indicators turne bullish and some indicators suggest a slightly overbought condition, which indicates the potential short-term pullback. No divergence detected which further validates the current trend. However, the lack of volume on the daily timeframe is a little bit concerning though. The ideal scenario for bulls is to end the weekly candle on the high volume above the vertical trendline. I see a lot of confluence around 8450 on the daily timeframe and I expect bulls to defend this lvl. Overall, I believe the successful defense by bulls at 6.5k and 7.7k has turned the tide of the battle and, bulls will continue to have the upper hand as long as BTC stays above 8k.
BITFINEX:BTCUSDLong
by Libratus
DGB - The sleeping giant As probably you've heard debate about scaling whole year in 2017. We already have a centralized scalability solution like "Visa" for fiat and "XRP" in cryptocurrency but they are not blockchain. But why decentralization, security and privacy is important ? You might want to revise the definition of cryptocurrency even you're investing or not. "A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. A decentralized cryptocurrencies now provide an outlet for personal wealth that is beyond restriction and confiscation" Evolution of cryptocurrency is the future of smart economy :) Let's say why DGB ? 1- DGB is the most decentralized because it can be mined by 5 different algorithm, always option to use either one algorithm without any forks. < Decentralized > 2- DGB block size will grow as more coins are mined - Yes, It's in the code < Scalability > 3- DGB provide Digishield to other coins which is super secure feature so far now. < Security > In a special feature published today on the largest crypto news site CoinDesk titled “RBC Report: Crypto and Blockchain Could Unlock $10 Trillion Market” Mitch Steves, an equities analyst with "Royal bank of Canada" RBC's Capital Markets subsidiary put it this way. "As the application becomes successful, the protocol layer captures more value, which then creates more interest in additional decentralized application development. As scaling and protocols mature, the value of a decentralized world computer could potentially become a multi-trillion dollar industry. If there’s one positive technology item we can agree on, it’s that the blockchain has never been hacked. What happens if we build on top of this secure layer" Easy way to find decentralized coin - Just filter out the non-mineable coin.
Long
by fk91
2