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#Bitcoin on-chain analysis suite at checkonchain.com by @_checkmatey_

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ID: 1230921805222772738

linkhttps://checkonchain.com/ calendar_today21-02-2020 18:27:01

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_Checkmate 🟠🔑⚡☢️🛢️ (@_checkmatey_) 's Twitter Profile Photo

ICYMI: I released my latest analysis write up for _Checkonchain subscribers on the Bitcoin ATH break, and how it was unusually quiet. A massive short squeeze, followed by an influx of speculative long traders... ...and no volume...where is the volume...? Link below👇

ICYMI: I released my latest analysis write up for <a href="/_checkonchain/">_Checkonchain</a> subscribers on the Bitcoin ATH break, and how it was unusually quiet.

A massive short squeeze, followed by an influx of speculative long traders...

...and no volume...where is the volume...?

Link below👇
_Checkmate 🟠🔑⚡☢️🛢️ (@_checkmatey_) 's Twitter Profile Photo

The Bitcoin Realised Cap just hit $1 Trillion This is the ultimate metric for adoption, as it captures the wealth and capital saved in BTC. An absolutely massive milestone.

The Bitcoin Realised Cap just hit $1 Trillion

This is the ultimate metric for adoption, as it captures the wealth and capital saved in BTC.

An absolutely massive milestone.
_Checkonchain (@_checkonchain) 's Twitter Profile Photo

Short Term Holder MVRV is an amazing Bull Market metric to watch. Whenever it tags the dashed red line - there's a high chance the market is becoming too overheated and is due for a longer correction.

Short Term Holder MVRV is an amazing Bull Market metric to watch. 

Whenever it tags the dashed red line - there's a high chance the market is becoming too overheated and is due for a longer correction.
Justin Bechler (@1914ad) 's Twitter Profile Photo

Only 1M more #Bitcoin will ever be created, the other 95% already exists. Now imagine the entire ocean of global liquidity trying to squeeze into a swimming pool that can only hold 5% more. That’s what’ll happen when the world discovers perfect monetary scarcity.

Only 1M more #Bitcoin will ever be created, the other 95% already exists. 

Now imagine the entire ocean of global liquidity trying to squeeze into a swimming pool that can only hold 5% more.

That’s what’ll happen when the world discovers perfect monetary scarcity.
_Checkonchain (@_checkonchain) 's Twitter Profile Photo

This chart shows how much profit (or loss) Short Term Bitcoin holders are taking right now. We're right on the cusp of flipping from profit taking (🟩), to loss taking (🟥) - which is historically a 'buy-the-dip' signal in bulls. What we want to see from here is a short, sharp

This chart shows how much profit (or loss) Short Term Bitcoin holders are taking right now.

We're right on the cusp of flipping from profit taking (🟩), to loss taking (🟥) - which is historically a 'buy-the-dip' signal in bulls.

What we want to see from here is a short, sharp
Frank (@frankafetter) 's Twitter Profile Photo

The $BTC Mayer Multiple is ice cold — currently at its ‘mean’ value and historically has been higher than today’s value 48% of the time. If someone told me bitcoin was getting overextended here, I’d show them this chart then go for a walk.

The $BTC Mayer Multiple is ice cold — currently at its ‘mean’ value and historically has been higher than today’s value 48% of the time. If someone told me bitcoin was getting overextended here, I’d show them this chart then go for a walk.
_Checkonchain (@_checkonchain) 's Twitter Profile Photo

Short Term Bitcoin holders have flipped from profit-taking mode to loss-taking mode. Many recent top buyers and 'Weaker' hands are selling around their buy-in price and saying "get me out". What we want to see from here is a short, sharp dip into the 🟥 zone (to flush out the

Short Term Bitcoin holders have flipped from profit-taking mode to loss-taking mode. 

Many recent top buyers and 'Weaker' hands are selling around their buy-in price and saying "get me out". 

What we want to see from here is a short, sharp dip into the 🟥 zone (to flush out the