A different HODLR metric may indicate the start of the Bull run

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I recently discovered an interesting metric offered by Glassnode which shows how long BTC haven't moved for.
Essentially, it measures the number of BTC that have not moved in over a year and, interestingly, when you have a sustained increase on that number, it used to anticipate the rise of the price.

glassnodestudio_bitcoinsupplylastactive1years.png

But the indication of the Bull market comes once the previous All Time High is reached and over-passed:

glassnodestudio_bitcoinsupplylastactive1years.png

Every time this metric show a new ATH, which would mean than more people are HODLING than selling at the current price, it used to lead to the Bull run period.

Would it be the case now?

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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10 comments
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Quite interesting. Have to bookmark it and check once in a while to see how it evolves over time.

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Another indicator more...clear than water, isn't it?

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Interesting, I will have a look.

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Que bueno!! Solo falta diga a que hora, por si hay que poner el despertador 😝

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Time to buy :)

In fact, I decided to buy some BTC before reading your article.

Now, I'll do it anyway :)

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Una cosa @toofasteddie, ¿Como añades las imagenes al crear los articulos? Asi sin ampliar ni abrir en una nueva ventana se ven bastante bien. Yo me estoy volviendo loco, en la ultima publicacion he editado para probar poniendo enlace de la imagen subida a twitter, Discord, un sevicio llamado imgBB... insertando directamente tambien, claro... y nada, sale una birria de miniatura que no se distingue nada

Posted Using LeoFinance

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cuando escribo algo yo no utilizo Hive.blog, utilizo peakd.com
https://peakd.com/hive-126009/@toofasteddie/a-different-hodlr-metric-may-indicate-the-start-of-the-bull-run#@akertxu/qcr5jj

hive.blog heredo la restriccion de imagen impuesta por steemit hace tiempo

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Yo tampoco 😅 Esto me ha pasado publicando desde Leofinance.io. Publicnado desde la app de Esteem se ve mejor, que es la que mas he usado. Por lo que estoy viendo, da igual desde donde publique si uso el hastag Leofinance primero, no hace falta hacerlo desde su web que es donde salen esos petardos de imagenes. Pensaba tenia que ser desde su plataforma. Yo es que no entiendo para que tanta... web, app o lo que coño sean, me van a volver loco 😂 Gracias!!!

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