[Lookintobitcoin] Good site for Bitcoin statistics

[chenille]

There are many sites for Bitcoin statistics of all kinds, where you can learn a lot about Bitcoin and with which you can predict the course of the price a little approximately. A good site of this is Lookintobitcoin. There are various graphs and statistics about Bitcoin and its price development.

https://www.lookintobitcoin.com

We are currently walking through the bottom and many of the charts are quite bullish.


To evaluate the staristics, you don't have to know all the parameters, but the course of the graphs alone indicates a major bullish phase in which we currently find ourselves. Here are a few graphs of the statistics, all of which are very bullish:


https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/



https://www.lookintobitcoin.com/charts/realized-cap-hodl-waves/



https://www.lookintobitcoin.com/charts/mvrv-zscore/



https://www.lookintobitcoin.com/charts/rhodl-ratio/


All 4 charts show that we have already seen the bottom and could soon reach new all-time highs. So the bottom is already behind us or at least we are just going through it.

[DubemIfedigbo001]

Having had a quick glance at the site, I think the information contained in it is for traders and it's better this topic exists in the Trading discussion board, they may find more use of these charts, including having enough reasons to subscribe $29 to view more charts.

All 4 charts show that we have already seen the bottom and could soon reach new all-time highs.

I don't know your interpretation of soon , but from every indication, ATH is still far off. Bitcoin is performing well currently as the price recovered a bit from the bottom of $57k, but for an ATH soon, that's too much optimism.

[BlackBoss_]

I think you're putting up information for traders and it's better this topic exists in the Trading discussion board, they may find more use of these charts, including having enough reasons to subscribe $29 to view more charts.

It can be used by everyone and it can be useful for everyone, either investors or traders, if you can have overview about the market from on chain data, it's good for your plan of either investment or trading.

With increasing bigger capital from Spot ETFs and institutional investors, on chain data will have less important role because it will reflect the market with less accuracy than it did in the past. However it's not harmful if you can have more data, and have an overview about the market.

Investment or trading, don't make your decision based on anything and because you see it must happen. It's like a suicide as the market is unpredictable, with whatever tools you use, so don't try to speculate and bet with your speculations.

[joniboini]

I remember seeing several projects about Bitcoin stats or charts in Project Development board in recent months. I wonder if those developers are still lurking around and trying to find new charts to build. If that's the case they might want to check this out. Especially when the competing products are paid products.

With increasing bigger capital from Spot ETFs and institutional investors, on chain data will have less important role because it will reflect the market with less accuracy than it did in the past. However it's not harmful if you can have more data, and have an overview about the market.

Some charts on this site are calculated from on chain data though. We could debate whether their calculations or interpretations are correct or not, but I'm sure they believe on chain data is valuable.