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March 05, 2022, 03:00:46 AM |
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On-chain data does not lie you. Because whales, market makers have to make movements when they need to accumulate, pump, dump Bitcoin. So if you have on-chain data, it represents what is actually happening. It is just your responsibility to extrapolate data you have and make your own decisions.
All big movements, big trends will need a very long preparation time and with on-chain data, you will see early signal of those plans. It does mean that after you smell a good signal, it still might need months to finish for market makers. Later price will have big movements according to signal you see.
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