Bitcoin’s Balanced Market Indicators Suggest Potential Breakout Amid Supply Constraints
Main Idea
Bitcoin's market indicators, including a neutral Short-Term Holder Market Value to Realized Value (STH MVRV) and negative exchange netflows, suggest a balanced yet supply-tight market, hinting at potential upward momentum.
Key Points
1. Bitcoin's STH MVRV indicates a balanced market where short-term holders are in profit, suggesting stability.
2. Negative exchange netflows since February 2024 imply a supply crunch as more Bitcoin is withdrawn than deposited.
3. The STH MVRV has dropped to its 5-year average, signaling a balanced spot market with most new entrants remaining in profit.
4. Exchange netflows reveal shrinking spot market liquidity, with coins leaving platforms indicating strong investor conviction and long-term holding.
5. Bitcoin's volatility appears to be softening compared to earlier cycles, with investors favoring long-term conviction over speculative trading.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin’s Short-Term Holder
Latest News
- Ethereum Proposes EIP-7999 to Simplify Transaction Fees Amid Competitive Blockchain Landscape2025-08-05 22:20:22
- Bitcoin’s Supply Dynamics Shift: Short-Term Holders Gain Ground Amid Renewed On-Chain Activity2025-08-05 22:13:23
- XRP Surpasses $3 Amid Bullish Signals and Exchange Activity, Suggesting Potential Breakout or Short-Term Pullback2025-08-05 21:07:22
- Tom Lee Suggests Ethereum’s Potential as a Major Macro Trade and Highlights Leading Corporate Holder2025-08-05 20:47:00
- Bitcoin and Ethereum ETFs Face Temporary Outflows Amid Market Concerns, Analysts Suggest Potential Recovery Ahead2025-08-05 20:46:21