menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Glassnode’...
source image

Coindoo

1w

read

106

img
dot

Image Credit: Coindoo

Glassnode’s New Investor Behavior Tool Reveals Who’s Driving Bitcoin Price Moves

  • Glassnode has introduced a new tool that analyzes investor behavior to determine who is influencing Bitcoin's price movements.
  • The tool helps users differentiate between long-term holders and short-term speculators, offering valuable insights for navigating market cycles.
  • By categorizing investor behavior into groups like Conviction Buyers and Profit Takers, the tool provides real-time insights into market dynamics.
  • This tool is not limited to Bitcoin but is also available for Ethereum and major ERC-20 tokens, offering strategic advantages in understanding market sentiment and anticipating price inflection points.

Read Full Article

like

6 Likes

For uninterrupted reading, download the app