Author: Andjela Radmilac

Miners represent the foundation of the Bitcoin market. Their behavior is one of the best indicators of market health and can be used as a gauge for market sentiment. Miner balances reflect the total amount of BTC held by miners. They serve as one of the leading indicators of selling pressure since they are frequent

The post What can regional trends tell us about the Bitcoin market? appeared first on CryptoSlate…

Tracking and analyzing transfer volumes is crucial for understanding the underlying economic activity within the Bitcoin network. Spikes in transfer volumes show heightened market participation, either from new entrants and institutional investors — usually during bull runs — or significant transactions by existing participants — usually during downturns…

The post The importance of long-term and short-term holders for Bitcoin appeared first on CryptoSlate…

The volatility Bitcoin experienced this week had a particularly interesting impact on the derivatives market. Between June 23 and June 27, BTC lost its relatively stable support at above $64,000 and dropped to $60,000, with a brief dip below $60,000 before recovering on June 25. While the price drop might not seem that significant when