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๐๐ค
#Peterbrandt
thinks
$SOL
should gain 100% on
$ETH
in months ahead.
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๐ข๐ค $BTC #Bitwise : Short-term holder realized profits just spiked to the highest level since April 2024, implying significant profit-taking into the most recent rally towards new all-time highs. Note that short-term holder activity is mostly dominated by whales.
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๐๐ $BTC #CryptoQuant : The total OTC desk balance has held pretty steady since the beginning of September. The 30-day change is just 3,000 BTC, down from a June high of 92,000 BTC. During the first quarter, the pent-up demand led to a negative 30-day change in OTC desk balances, which helped propel the asset to its record high.
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๐๐ฅณ $BTC #CryptoQuant : Active Addresses Momentum: A Golden Cross Is Imminent! Historically, when the 30-day moving average crosses above the 365-day moving average โknown as a "golden cross"โit indicates upward price momentum in the market.
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๐๐ค $BTC is near its all-time high, yet Coinbase stock remains down 40% since its IPO. This gap is surprising given how closely BTC and #COIN typically move together. With Bitcoin poised for another rally, this could be a buying opportunity for Coinbase.
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