The Crypto Comms #9

  1. On-chain indicators
  2. Latest happenings
  3. Listening material

Technically speaking

Bitcoin analysis

Bitcoin/dollar closed the week at $19,290, down -6.2% week on week. Prices have reached comically low levels, and it seems like all those who said they would buy are now waiting to buy lower. After 7 months of brutal downwards price-action without a single sustained relief rally, one really begins to wonder what it will take to break the spell.

BTC/USD low-time-frame levels of interest

On-chain indicators

MVRV-Z score

MVRV-Z score enters buy zone
NUPL signals capitulation
Entity Adjusted Dormancy Flow reaches lowest point since 2010

Latest happenings

Listening material

Join the Telegram channel for live updates.

Follow me on Twitter.

Get in touch. Let’s work together.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Chris on Crypto

Chris on Crypto

Journalist-turned crypto-writer & analyst; forging the narrative, stacking sats.