Bitcoin's precarious position after a tumultuous sell-off has led to a new focus on on-chain metrics, with one revealing a potentially volatile September. The realized loss momentum, a novel indicator introduced by Glassnode, is designed to identify significant market turning points... Could this tool, based on the activity of short-term holders, predict Bitcoin's next move? ...
Navigating Bitcoin’s sideways trend with realized loss momentum
08/30/2023 08:00
Realized loss momentum shows Bitcoin could potentially face a volatile few weeks and indicates only sideways movement going into autumn.
Navigating Bitcoin’s sideways trend with realized loss momentum 22 seconds ago · 2 min read
Realized loss momentum shows Bitcoin could potentially face a volatile few weeks and indicates only sideways movement going into autumn.
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Cover art/illustration via CryptoSlate