Everyone wants to be rich overnight, but never realizes it requires learning and learning. Many people believe that if they maximize the advantages, they will be able to create more money. In the crypto world, this could be possible by learning the key events and key indicators.
Long-term/short-term holders
For example, before buying Bitcoin, if we learn about the long-term holder and short-term holder, we can understand the market value and realized value of the coin.
Circulating supply
By learning about circulating supply, we can understand where the price moves forward. Currently, 20% of Bitcoin supply is in the hands of the short-term holders, and it’s increasing year by year. This will suggest that short-term holders are chasing long-term holders. This also reveals to us that in the future, the price of Bitcoin will move upward, and more money supply will enter into the market.
Active addresses
The more active address indicates that there is great momentum in the Bitcoin world, and more and more people are interested and buying and selling Bitcoin. The chart also shows us that the Bitcoin price is less than the active address and suggests that in the future Bitcoin faces an uptrend.
Google Trends
By comparing the BTC price and Google trends concerning Bitcoin, we have learned that on Google there is a huge volume of interest in Bitcoin, and the prices remain below the trends. This can lead us to believe that in the future, BTC prices will have positive momentum..
BTC on exchanges
The above chart shows us that when the price moves upward, more and more Bitcoin flows to the crypto exchanges. It means more people are interested in buying Bitcoin, and they push the price to the next level.
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