Bitcoin on-chain cov ntaub ntawv qhia 5 yog vim li cas vim li cas BTC hauv qab tuaj yeem nyob hauv

Tom qab cua daj cua dub Kaum Ib Hlis rau Bitcoin (BTC), qee qhov ntawm cov saw hlau thiab Bitcoin tus nqi ntsuas tau qhia tias BTC hauv qab tuaj yeem tshwm sim rau lub Kaum Ob Hlis. Hauv Capriole Investments 'kawg daim ntawv qhia, lawv muab kev tsom xam ntawm Bitcoin nrhiav hauv qab. Thaum coj mus rau hauv tus nqi tsim nyog, miner capitulation, mining hluav taws xob nqi, downdraw thiab cov ntaub ntawv hodler tooj, BTC pem teb ntawm $ 16,600 - $ 16,950 zoo li tsim. 

Nov yog tsib lub laj thawj vim li cas Edwards ntseeg tias tus nqi Bitcoin tau los ze zog rau lub voj voog hauv qab.

SLRV Ribbons flash lub teeb liab yuav

cov SLRV Ribbons taug qab kev nqis peev ntws los ntawm kev sib txuas 30-hnub thiab 150-hnub hloov qhov nruab nrab mus rau SLRV Ratio uas yog ib feem pua ​​​​ntawm Bitcoin tsiv hauv 24 teev muab faib los ntawm BTC tuav rau 6-12 lub hlis.

Bitcoin SLRV Ribbons. Source: Glassnode

Raws li Charles Edwards, SLRV Ribbons ua tau zoo tshaj BTC HODL lub tswv yim, ua rau nws muaj zog qhia txog qhov twg BTC tus nqi yuav mus.

Thaum lub SLRV Ribbons tau poob qis thoob plaws hauv 2022, qhov tsis ntev los no txav mus rau $ 16,600 flipped qhov taw qhia kom nce siab. Raws li Edwards, qhov kev hloov pauv tsim lub teeb liab yuav rau cov tub ua lag luam thiab cov tuam txhab nyiaj tseem nyob hauv kev ua lag luam, yog li tsim cov ntaub ntawv muaj zog rau Bitcoin tus nqi pem teb.

BTC tus nqi poob qis hauv nws cov nqi hluav taws xob thoob ntiaj teb

Thaum nws yog paub zoo tias ib tug loj swath ntawm Bitcoin miners tam sim no ua haujlwm ntawm qhov poob, qhov no tsis yog qhov tshwm sim tsis tshua muaj thoob plaws BTC keeb kwm.

Bitcoin miners 'tag nrho cov nqi tsim khoom suav nrog cov khoom siv mining, cov nqi ua haujlwm, cov nqi peev, cov ntawv cog lus sib txawv-tus nqi hluav taws xob thiab lwm yam, thaum tus nqi hluav taws xob txiav txim siab tsuas yog cov hluav taws xob nyoos siv rau kuv BTC.

Bitcoin ntau lawm nqi thiab BTC hluav taws xob nqi. Source: Glassnode

Tus nqi hluav taws xob nyoos tau keeb kwm yog Bitcoin pem teb vim nws tsis tshua muaj rau BTC los pauv hauv qab no tus nqi taw tes. Keeb kwm, Bitcoin tsuas yog pauv qis dua tus nqi hluav taws xob plaub zaug, qhov tsis ntev los no yog Kaum Ib Hlis 10 thaum Bitcoin tus nqi hluav taws xob ntaus $ 16,925.

BTC miner muag hits lub ncov

Cov miners tseem poob nyiaj nrog cov nqi tsim khoom siab dua tus nqi ntawm Bitcoin. Qhov no dichotomy yuam cov miners muag Bitcoin kom nyob twj ywm.

Cov theem tam sim no ntawm Bitcoin miner muag yog qhov thib peb loj tshaj plaws hauv keeb kwm, nrog rau ob qho xwm txheej tshwm sim thaum BTC yog $ 2.10 hauv 2011 thiab $ 290 hauv 2015.

Miner BTC muag siab, cov xwm txheej sab saum toj. Tau qhov twg los: TradingView

Nyob rau hauv hindsight, cov tub ua lag luam yuav nyiam kom muaj cov nqi rov qab thiab Edward's qhia tias tus nqi BTC tam sim no tuaj yeem sawv cev rau tus nqi zoo sib xws.

Bitcoin Hash Ribbons lees paub lwm tus miner capitulation

Bitcoin miner capitulation suav nrog cov miners tua lawv ASICs uas tsis muaj txiaj ntsig ntxiv lawm, thiab muag qee qhov ntawm lawv cov peev nyiaj Bitcoin los them cov nuj nqis.

raws li Capriole Kev nqis peev, thaum lub sijhawm miner capitulations, tus nqi hauv pem teb ua ntej tus nqi hash pib txhim kho. Raws li tau sau tseg hauv daim duab hauv qab no, lwm tus miner capitulation tau tshwm sim thaum Lub Kaum Ib Hlis 28 thiab yog tias qhov kev soj ntsuam yog qhov tseeb, qhov no yuav tso Bitcoin lub hauv qab ntawm ib ncig ntawm $ 16,915 txij li tus nqi hash tau pib nce tom qab lub Kaum Ib Hlis 28 hnub.

Bitcoin mining Hash Ribbons. Tau qhov twg los: TradingView

Related: Bitcoin clings rau $ 17K raws li ARK chij 'keeb kwm tseem ceeb capitulation'

Txhua lub sij hawm siab Bitcoin hodling txawm tias muaj keeb kwm tus nqi kos

Ib qho kev ntsuas siv los txheeb xyuas Bitcoin hodler tus cwj pwm yog Lub Sij Hawm Ntev Ntev Net Unrealized Profit and Loss (NUPL) tracker.

Thoob plaws hauv Bitcoin keeb kwm, NUPL metric tau tsuas yog qhia qhov kev poob qis rau plaub lub sijhawm.

Bitcoin NUPL metric. Source: Glassnode

Cov sijhawm dhau los uas tau pom qhov kev poob qis loj no sawv cev rau tus nqi Bitcoin kev yuav khoom rau cov tub ua lag luam. Edwards qhia tias yog tias cov tub ua lag luam saib BTC tus nqi qis qis, lawv cov kev xaiv los khaws tuaj yeem ua kom muaj zog ntxiv rau Bitcoin hauv pem teb.

Lwm qhov sib txawv yog tsim raws li lub sij hawm ntev hodlers metric hits ncov tus lej. Tam sim no, 66% ntawm Bitcoin cov khoom yog nyob rau hauv ob txhais tes ntawm hodlers ntev, txhais tau tias lawv tau tuav lawv Bitcoin rau ntau tshaj ib xyoos.

Raws li Edwards, tus cwj pwm no yog ua raws li kev hloov pauv macro lag luam.

Txawm hais tias kev lag luam tseem muaj feem cuam tshuam nrog cov peev txheej thiab muaj kev cuam tshuam rau kev lag luam macro hloov pauv, ntau cov ntaub ntawv qhia qhia tias Bitcoin tuaj yeem nyob rau theem kawg ntawm cov txheej txheem hauv qab.