Decoding Bitcoin’s On-Chain Signals

Understanding Bitcoin’s price movements often requires both technical and fundamental analysis. Technical analysis looks at historical price patterns, volatility, and trading volume to predict future direction. Fundamental analysis uses data like company reports to assess an asset’s intrinsic value. 2023 has seen traditional financial institutions turn to crypto-based fundamentals as they integrate into a new economic landscape. For instance, we can observe Bitcoin’s on-chain activity through blockchain transactions. While this information helps understand real user behavior, it doesn’t provide specifics about individuals involved. This is especially relevant in the realm of cryptocurrency where transparency isn’t as readily available as traditional financial systems, leading to a unique approach to analysis. 🕵️‍♂️ 💻 🧐