Crypto Trends: Hodl Waves and Institutional Investments ππ°
Crypto Daily Newsletter β Edition #207
Hey, Marco here! Welcome to the Crypto Daily Recap π‘
Every day, I send you an email with a curated collection of highlights from the Crypto universe. In this newsletter, you'll discover 6 insightful summaries covering intriguing topics:
Bitcoin investment behavior ππ°
Hodl waves analysis ππ
Trading Strategies and Risk Management ππ
Institutional investments in Bitcoin π°π
Elon Musk's influence and plans πΌπ
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Video 1 of 6
Bitcoin On-Chain Analysis: HODL Waves - Benjamin Cowen
In the YouTube video, the speaker delves into the concept of "hodl waves" in relation to Bitcoin investment behavior. The hodl waves provide insights into the behavior of different types of investors in the cryptocurrency space. The speaker distinguishes between long-term holders, who hold onto Bitcoin for extended periods, and short-term holders, who tend to enter the market during phases of mania or market cycle tops. Short-term holders are defined as those who have held Bitcoin for six months or less, and their presence tends to increase during mania phases or market cycle tops. This surge in short-term holders often coincides with long-term holders selling their Bitcoin as prices rise, transferring their holdings to those looking to capitalize on parabolic price movements. The speaker references peaks in short-term holders in 2013, 2017, and notably in 2021, suggesting that the April 2021 peak may have been the significant top, despite mixed opinions on the matter. The speaker emphasizes the importance of price action over indicators, highlighting that while indicators provide insights, price action remains paramount. They acknowledge the fallibility of models, stating that while all models are inherently flawed, some can still offer utility in understanding market trends. The speaker reflects on their own experience during previous market cycles, noting the challenges of predicting market behavior accurately. Furthermore, the speaker introduces the concept of social risk as a tool to gauge market sentiment and interest from retail investors. They discuss the relevance of on-chain data and indicators in assessing market conditions, cautioning against biases that may influence interpretations of such data. By introducing on-chain risk as a neutral metric, the speaker aims to provide a more objective assessment of market dynamics. The analysis extends to long-term hodl waves, indicating that long-term holders tend to sell during price rallies and accumulate during bear markets. The speaker references a decline in long-term hodlers from late 2023 to early 2024, coinciding with Bitcoin's parabolic rise following the introduction of a spot ETF. They also touch upon variations in hodl waves based on different holding periods, suggesting potential trends and patterns in investor behavior. In conclusion, the speaker encourages viewers to explore further insights on hodl waves and on-chain data through their premium service. They also mention their absence due to travel, hinting at potential delays in future content releases. The video ends with a call to action for viewers to engage with the content, subscribe, and potentially meet the speaker at an upcoming event in Bitcoin Nashville.
Video 2 of 6
Altcoins Will Pump 20-30% From Here If This Happens - DataDash
Ross, the host of Data Dash, provided a comprehensive market review with a special focus on cryptocurrency in the latest episode. He highlighted the upcoming launch of an Ethereum ETF in July and the lack of bullish sentiment in the market, suggesting it might be a good time to accumulate crypto assets while others are selling off. Ross delved into technical analysis, emphasizing the importance of key levels in Bitcoin and Ethereum. He pointed out the need for a change in the lower lows and lower highs pattern in Bitcoin to signal a potential bullish reversal. For Ethereum, he discussed the significance of holding certain price ranges and outlined potential trading strategies based on market structures and Monday ranges. In terms of altcoins, Ross advised caution and suggested observing how they react to market movements, especially in relation to Bitcoin dominance and total market cap. He stressed the importance of understanding liquidity levels and market structures when trading altcoins, recommending decentralized exchanges for lower slippage and increased security. Ross also touched on traditional markets, such as Forex and the impact of unemployment claims on market sentiment. He highlighted the potential implications of rising unemployment claims on risk assets and the importance of monitoring economic indicators like unemployment data for market insights. Furthermore, Ross shared insights on trading strategies, emphasizing the need for a disciplined approach and the importance of risk management. He discussed the potential scenarios in the market, including the impact of unemployment claims on asset prices and the role of key players like Nvidia in driving market movements. In conclusion, Ross encouraged viewers to stay informed, practice caution in trading decisions, and consider various factors influencing the market. He provided practical tips on analyzing market structures, identifying trading opportunities, and staying updated on economic indicators. Ross's detailed analysis and strategic advice aimed to help viewers navigate the complex world of cryptocurrency and traditional markets with a focus on risk management and informed decision-making.
Video 3 of 6
Bitcoin Is Going SUPER NOVA, The Wealth Transfer OF THE CENTURY Is Happening, Time To Get READY - The Modern Investor
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