Glassnode | ForkLog

ForkLog 29 11.10.2022

Analysts point to signs of bitcoin price bottom forming

Based on behavioural patterns, market structure and on-chain indicators, bitcoin is nearing the end of the bear market, according to Glassnode analysts.

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ForkLog 19 04.10.2022

Analysts peg miners’ ‘pain threshold’ at $18,300

78,400 BTC could be at risk of liquidation if Bitcoin's price falls below $18,300, according to Glassnode's regression model of mining difficulty.

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ForkLog 8 27.09.2022

Analysts point to continuation of Bitcoin’s detox phase

Bitcoin rose past the $20,000 psychological level. Hodlers remain resilient, underpinning a full market detox cycle, Glassnode analysts say.

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ForkLog 13 20.09.2022

Glassnode: Ethereum issuance falls 92.8% after The Merge

In the four days after the Ethereum transition to the Proof-of-Stake consensus algorithm, daily issuance fell by 92.87% — from 48,400 ETH to 3,893 ETH. Those estimates were provided by Glassnode.

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ForkLog 16 06.09.2022

Glassnode flags potential Bitcoin price drop to $17,000

Bitcoin price resilience above June's low ($17,600) has weighed on speculators, who may face another wave of capitulation. According to Glassnode's calculations, the price could find support at $17,000.

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ForkLog 15 05.09.2022

Glassnode: Ethereum poised to become deflationary after The Merge

After The Merge upgrade activation, Ethereum is likely to become deflationary.

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ForkLog 10 30.08.2022

Glassnode: Bitcoin holds at $20,000 despite weak metrics

Speculators are using rebounds to sell Bitcoin amid weakness in on-chain metrics. The price has not retraced to its lows due to the lack of significant selling pressure, according to Glassnode analysts.

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ForkLog 9 02.08.2022

Glassnode doubts continuation of Bitcoin’s recovery rally

The rebound in Bitcoin and Ethereum prices in recent days is not accompanied by a fundamental improvement in on-chain indicators. This does not provide confidence in a fundamental change in the market outlook, according to Glassnode analysts.

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ForkLog 8 26.07.2022

Glassnode: Bitcoin price turnaround will take time

Bitcoin price bounced off the $20,000 level. Long-term indicators suggest that forming a firm foundation may require additional time, according to Glassnode.

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ForkLog 14 19.07.2022

Glassnode flags signs of Bitcoin bottom formation

Following the capitulation waves in May–June 2022, Bitcoin's price has traded below the Realized Price for a month. Other signals of a bottom formation have also appeared, according to Glassnode researchers.

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ForkLog 16 12.07.2022

Glassnode: Bitcoin market has not yet formed a firm bottom

The Bitcoin bear market has entered its final stage, with signs of deep capitulation, but signals of a bottom approaching have not yet formed. Glassnode analysts reached this conclusion.

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ForkLog 10 05.07.2022

Glassnode: Only hodlers remain to guard the market

A record drop in Bitcoin's price in June virtually eliminated the remaining 'market tourists', leaving only hodlers on the front line. Glassnode analysts concluded as much.

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