Look Into Bitcoin

Live Bitcoin charts, on-chain analytics & market intelligence.

Helping you better understand Bitcoin through data.

Managed by @PositiveCrypto | @MattCrosbyPro

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: The Bitcoin Fear & Greed Index is now at 28, "Fear" 👀

Be greedy when others are fearful ✊

[Look Into Bitcoin @LookInto_BTC]

@rockchainmtg

[Look Into Bitcoin @LookInto_BTC]

Bitcoin’s latest pullback looks strikingly similar to the March 2023 retest of the 200-day moving average... 🧐

That recovery went on to deliver substantial gains, will we now see the same? 🤞

[Look Into Bitcoin @LookInto_BTC]

Chart here:
https://t.co/M5WkGhfv6B

[Look Into Bitcoin @LookInto_BTC]

Bitcoin miners’ dollar revenue per unit of computing power has fallen almost 20% in four weeks, reaching its lowest reading since August. ⛏️

[Look Into Bitcoin @LookInto_BTC]

Chart here:
https://t.co/YY9KBSfMEn

[Look Into Bitcoin @LookInto_BTC]

Bitcoin’s Everything Indicator has fallen to its lowest reading since July, dropping from around 38 to 27 in just four weeks. 🧭

[Philip Swift @PositiveCrypto]

Bitcoin back in value territory now.

Fewer than 1 in 4 days in Bitcoin's history have been better value than today.

MVRV Quantile Bands: 24th percentile🟢

[Look Into Bitcoin @LookInto_BTC]

@conejodelacity Well yeah I guess lol, but putting 1/4 addresses at a loss is a bit more interesting!

[Look Into Bitcoin @LookInto_BTC]

Over 25% of Bitcoin addresses are now holding at a loss, up from around 18% four weeks ago and the highest share since August. 🔎

[Look Into Bitcoin @LookInto_BTC]

Chart here:
https://t.co/zECIEMyD89

[Look Into Bitcoin @LookInto_BTC]

@charliegee2020 Hard to put an exact number on it, very situational dependant. For example now while we're above some key MA's I think a retest like we're seeing now is a good bull market dip signal that I like, but during choppy bear signals you want a much deeper mean reversion signal.

[Look Into Bitcoin @LookInto_BTC]

Bitcoin gets cheaper. You buy the dip. Then it gets cheaper again.

I tested whether deeper discounts actually meant better buying opportunities—and whether waiting for them beat regular buying.

The results weren’t as straightforward as you might expect. 📊

[Look Into Bitcoin @LookInto_BTC]

@charliegee2020 Strategic DCA almost always wins, which roughly means buying a 'normal' amount say 60% of the time, and buying very aggressively 20% of the time and buying none or even selling 20% of the cycle.

You can figure out at what point we're in with STH MVRV alongside other metrics!

[Matt Crosby ⚡️ @MattCrosbyPro]

US output per hour is up 109% since 1989, yet over the same period the top 0.1% have taken their share of US wealth from 8.6% to 15.0%.

[Look Into Bitcoin @LookInto_BTC]

Chart here:
https://t.co/i2JEb7RKH7

[Look Into Bitcoin @LookInto_BTC]

Bitcoin has slipped below the average cost basis of short-term holders, with STH MVRV crossing beneath 1 for the first time since May. 🎯

[Philip Swift @PositiveCrypto]

Update on this important post:

Back in August I wrote this about the 1-year moving average (50WMA / 52WMA):

"It's very possible we break above it, drop back below it at some point, and only then see the eventual uptrend continuation."

That's exactly whats happening. We broke above it, calls for "up only", and now we're back beneath it.

That's the alpha decay I outlined. When this many people are positioned for the same outcome on a metric, fakeouts become WAY more likely.

I still think the eventual uptrend continuation comes. It was just less likely to come in a straight line.

Stay calm, dont get swayed by influencers, and zoom out ✊🟠

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: The Bitcoin Fear & Greed Index is now at 28, "Fear", while its price holds above $75,000 👀

HODL! ✊

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Look Into Bitcoin’s Head of Research says "if I use one word to sum up Bitcoin, it'd be asymmetric" 👏

"Given the fact that we can put together these amazing conferences and we care so much about an asset that still doesn't even make up 0.3% of global invested capital"