Analyzing the Trump Pump: Bitcoin Calmly Absorbs $3B in Sell-side Pressure (Onchain Market Update)

Опубликовано: 09 Декабрь 2024
на канале: _checkonchain
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We live in uncertain, and politically dominated times. Amidst some truly historical events, Bitcoin has calmly absorbed over $3B in sell-side pressure, before launching back above $63k.

Timestamps:
00:00 Introduction
02:17 Election Uncertainty
04:08 BTC vs Gold vs DXY
06:08 Key Onchain Price Models
07:57 German Government Sells $3B in BTC
10:59 MVRV Momentum Tests Holder Conviction
13:48 Supply in Profit Retests Support
16:08 ETF Holders are Tested
17:15 ETF Inflows Buy the Dip
18:44 Summary and Conclusions

Links:
Newsletter: https://newsletter.checkonchain.com
Website: https://checkonchain.com
Charts: https://charts.checkonchain.com
Twitter:   / _checkmatey_  

About _checkonchain:
We believe Bitcoin is one of the most important assets of our time, providing investors with a reliable and secure store of value. However, one of the biggest challenges is that Bitcoin's volatility creates uncertainty, especially for those unfamiliar with the way the market trades and moves.

At _checkonchain, we help you navigate this volatility, by bringing together years of market analysis experience, and a unique perspective rooted in the study of Bitcoin’s blockchain data (onchain analysis). We provide traders and investors with expert guidance on current events, as well as frameworks for making data-driven decisions.

Our mission? To provide unmatched Bitcoin education and insights, helping you look ahead and respond to market moves with confidence.


DISCLAIMER
Despite mankind's best efforts, none of us can predict the future, and events which have come before are in no way an indication of what may come next. All methods and concepts presented in this series shall be taken as educational, informational, and for entertainment purposes only. Nothing shall be interpreted or considered as any form of financial or investment advice of any kind. The viewer is solely responsible for their own decisions.