Bitcoin Sellers Exhausted, Accumulators HODL The Line

Bitcoin supply-side dynamics and on-chain indicators look to be as strong as ever, but macroeconomic headwinds remain for legacy and risk assets. The below is an excerpt from a recent edition of BitcoinLinux PRO, BitcoinLinux‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Analyzing On-Chain Bottom Indicators In this week’s dashboard release, we highlighted some key on-chain metrics we like to track. In this article, we want to walk through more of those in detail. Across bitcoin’s short history, many on-chain cyclical indicators are