On-Chain Data Indicates The Bitcoin Price Bull Run is Far From Over

What if I told you that the thrill and excitement surrounding Bitcoin’s rising price might still just be the beginning of something much larger? As I take a closer look at the on-chain metrics, it becomes apparent that there’s a world of data just waiting to be examined. Rather than getting swept up in the emotional tides that often accompany market swings, it seems wise to lean into the quantitative insights that can illuminate Bitcoin’s potential path forward.

🚨Best Crypto Casino Online Gamble site🚨

Plenty of Upside Remaining

When I consider the concept behind the MVRV Z-score, it becomes less about the fluctuations of a price chart and more about gauging the overall market temperature. This metric compares Bitcoin’s market value—which is essentially the price times the number of coins in circulation—with its realized value, representing the average price at which Bitcoins were last traded. The historical significance of this Z-score cannot be overstated; entering the “red zone” signals an overheated market, while the “green zone” may indicate widespread losses or capitulation.

In the present moment, even with Bitcoin making strides towards all-time highs, the Z-score lingers in neutral territory around 3. From my exploration of previous bull runs, Z-scores have soared from 7 to 10. This history leads me to believe there’s ample room for significant price growth, suggesting that we haven’t yet scratched the surface of what could come.

Profitability of Miners

Moving on to the Puell Multiple, a tool that evaluates miner profitability, I see it paints a nuanced picture as Bitcoin rises. The multiple weighs daily USD-denominated miner revenue against its one-year moving average. Post-halving, miners faced a steep profit decline, struggling for several months during 2024 as Bitcoin prices consolidated.

Currently, while the price is on the upswing, the Puell Multiple indicates only a modest 30% increase in profitability compared to historical averages. This hints that we might still be in the early to mid-stages of the bull market. With past patterns showing potential for explosive growth akin to what happened in 2016 and 2020, it’s intriguing to watch as the market dances around the 1.00 multiple, signaling the potential for price expansion.

🚨Best Crypto Casino Online Gamble site🚨

Measure Market Sentiment

Then there’s the Net Unrealized Profit and Loss (NUPL) metric, which offers a window into investor sentiment. By mapping overall network profitability, NUPL reveals feelings that span various emotional states—optimism, faith, and euphoria. Much like the MVRV Z-score, this metric relies on realized value to gauge current profits or losses for all stakeholders, providing a holistic look at market sentiment.

Right now, Bitcoin finds itself firmly planted in the “faith” zone, far shy of the “euphoria” or “greed” terrains. This aligns with other data streams suggesting that there’s substantial room for prices to advance, especially since this metric hasn’t yet returned to levels experienced during the previous all-time high in March 2024. I can’t shake off the feeling that optimism persists, suggesting we might not yet have witnessed the peak of this rally.

Long-Term Shareholder Trends

One element that intrigues me is the 1+ year HODL wave, which shows the percentage of Bitcoin held for more than a year—currently around 64%. This number stands in stark contrast to previous bull cycles, where percentages fell to around 40% and 53% in 2017 and 2021, respectively. It seems probable that should similar profit-taking behavior occur this time around, there are still millions of Bitcoins awaiting transfer to new participants.

The significance of this long-term holding trend cannot be overlooked. As of now, only about 800,000 Bitcoins have been moved from long-term holder supply during this current rally. In previous cycles, we’ve seen figures range from 2 to 4 million Bitcoins changing hands. This could very well indicate that long-term holders are still optimistic about future price appreciation, showing resilience in their strategies and positioning.

🚨Best Crypto Casino Online Gamble site🚨

Track the “Smart Money”

Paying attention to the movements of the “smart money”—those experienced investors in the Bitcoin space—often informs my understanding of market sentiment. The coin days destroyed (CDD) metric weighs transactions based on how long coins have been held, focusing significantly on whale activity. This metric serves as a barometer for whether substantial Bitcoin holders are cashing in profits or holding strong.

Current levels remain tantalizingly distant from the red zones typical of market peaks. The absence of substantial selling from these smart money holders underscores a belief that higher returns await. This signals to me that patience might be a virtue in this market and that the whales are not quite ready to part with their holdings.

Conclusion

In a world dominated by market oscillations, it’s enlightening to lean into data-driven insights derived from on-chain metrics. These indicators offer clarity amid the emotional frenzy that often surrounds Bitcoin trading. Despite the rally, signs point toward Bitcoin remaining undercooked. Long-term holders stand firm with their holdings, and key metrics illustrate a landscape still ripe for future growth.

As I wrap up this exploration, I can’t help but emphasize the importance of adopting a data-centric approach to investing. Emotional decisions stemming from fear of missing out (FOMO) or excitement can be perilous. Instead, orchestrating investment strategies around the fundamental data that guides Bitcoin provides invaluable insights that enhance decision-making.

For those curious about further insights, I recommend checking out related YouTube content to enrich your understanding. The world of Bitcoin operates on a delicate balance between emotions and data. By embracing the latter, I feel more equipped to navigate the often tumultuous waters of cryptocurrency investment. Here’s to paying attention to the numbers—they just might lead us to the bright shores of financial opportunity.

🚨Best Crypto Casino Online Gamble site🚨

in my opinion, in my experience, What I’ve been through

Stockcoin.net Our website is It's an AI-based website that delivers today's stock market, today's cryptocurrency market, and today's investment news faster and more accurately than anyone else

Investment Mastery: Navigating Stocks, Cryptocurrencies, and Financial Trends with Stockcoin.net

In the high-stakes arena of finance, knowledge isn’t just an advantage; it’s an absolute necessity. Stockcoin.net is positioned at the pinnacle of investment intelligence, delivering meticulous insights into stocks, cryptocurrencies, Bitcoin, and shifting market dynamics. This platform is accessible around the clock, entirely free, and crafted to empower every investor, whether seasoned or new, to make precise, informed decisions swiftly.

Why Entrust Your Investment Path to Stockcoin.net?

Stockcoin.net isn’t merely a service—it’s a stalwart ally in the tumultuous realm of modern finance. Offering up-to-the-second updates, our platform provides a tangible edge for investors who prioritize informed choices. Subscribers gain access to instantaneous email alerts, so you’re never a step behind in the fast-paced flow of market movements.

Real-Time Data: The Lifeline of Financial Success

In a landscape where the market pulse can shift within moments, immediate access to information is vital. Stockcoin.net offers dynamic, real-time data across multiple asset classes, whether you’re evaluating blue-chip stocks or venturing into digital currencies. Our coverage spans:

Current Stock Prices: From industry leaders to indices, you get prices updated every moment.
Cryptocurrency Trends: Track major players like Bitcoin and Ethereum, alongside rising altcoins.
Investment Strategies: Learn methods to interpret and leverage market movements.
Exclusive News Alerts: Receive urgent updates directly to your inbox.

By consolidating this critical information, Stockcoin.net allows you to stay vigilant and make well-timed investment decisions.

Stock Investment: Knowledge-Driven Strategies

The stock market presents boundless potential, but success demands diligence and strategy. Stockcoin.net delivers invaluable insights, including:

Sector Analysis: Detailed reports on key sectors like technology, finance, and healthcare.
Company Profiles: Updates on publicly traded companies, including financial health and growth forecasts.
Market Index Tracking: Monitor indices such as the NASDAQ, S&P 500, and Dow Jones.

Through astute analysis and expert commentary, Stockcoin.net empowers you to build a robust, diversified portfolio aligned with your goals.

Cryptocurrency: Uncovering Digital Gold

Once viewed as niche, cryptocurrency has evolved into a global phenomenon. The decentralized nature of blockchain-based assets introduces both risks and opportunities. Stockcoin.net provides the knowledge you need to navigate this complex sphere with confidence:

Bitcoin & Ethereum: Gain in-depth understanding and forecasts for these leading cryptocurrencies.
Emerging Altcoins: Learn about promising assets like Cardano, Solana, and Polkadot.
Blockchain Innovations: Explore how blockchain developments influence security and investment potential.
Regulatory Updates: Stay informed on critical policy changes affecting the cryptocurrency market.

Whether expanding your portfolio or exploring crypto for the first time, Stockcoin.net equips you to make informed decisions in an unpredictable sector.

Diversifying for Stability and Growth

An optimal portfolio balances growth with risk. Stockcoin.net offers comprehensive insights into an array of asset classes, helping you construct a portfolio tailored to your risk tolerance and objectives. Our guidance covers:

Stocks: Traditional assets that offer stability and growth.
Cryptocurrencies: High-risk, high-reward assets with the potential for exponential growth.
Bonds: Fixed-income options that provide steady returns with lower volatility.
Commodities: Physical assets like gold and oil that act as a buffer against inflation.

With a wealth of information across these classes, Stockcoin.net helps you diversify and strengthen your financial strategy.

Staying Informed with Market Trends and Financial News

To avoid pitfalls and capitalize on opportunities, you need real-time access to financial updates. Stockcoin.net’s 24/7 news service provides timely, critical insights on:

Global Market Movements: Updates on key exchanges worldwide, including NYSE and London Stock Exchange.
Economic Indicators: Reports on inflation, interest rates, and economic policies.
Investor Sentiment: Analysis on how confidence and sentiment influence asset prices.
Industry Developments: Insights into emerging trends in sectors like technology and energy.

Armed with this data, you’ll spot trends early, mitigate risks, and invest with confidence.

Wisdom from Successful Investors

Stockcoin.net shares real-world case studies and success stories, offering practical insights from accomplished investors. Their experiences provide valuable lessons on strategies, challenges, and outcomes, helping you refine your own investment approach.

Sidestepping Common Investment Traps

Investment can be rife with risk, even for seasoned investors. Stockcoin.net aims to educate users on avoiding frequent missteps, such as:

Overtrading: The risks of buying and selling impulsively without strategy.
Lack of Diversification: Over-relying on a single asset can expose you to greater risk.
Neglecting Market Sentiment: Understanding market psychology is crucial to predicting price shifts.
Emotion-Driven Decisions: Avoiding choices based on fear or greed ensures better long-term outcomes.

With Stockcoin.net’s resources, you’ll craft a resilient investment approach designed for sustainability.

The Power of Subscribing to Stockcoin.net

By subscribing, you receive exclusive updates straight to your inbox. The benefits include:

Instant Alerts: Be first to know about sudden market shifts.
Customized Tips: Personalized insights based on your investment preferences.
Exclusive Reports: Access detailed reports not available on our main site.

Stay proactive and well-prepared with these timely updates, helping you make impactful decisions.

Building Your Financial Confidence

At Stockcoin.net, our mission is to provide high-quality, reliable information that empowers you to make sound financial choices. With extensive resources and up-to-the-minute data, you’re equipped to navigate the complexities of today’s market. Embark on your investment journey with Stockcoin.net, the platform that equips you with insights, data, and strategies to thrive.

Join us at Stockcoin.net—your trusted partner in mastering the world of investment.