This is possibly the best video ever produced in crypto history. In a few minutes you have explained how the market works in simple terms to both the novice and experienced trader. Bravo sir 👏👏👏❤️
Why do I disagree? The only long term holder selling is the GBTC. I see another correction before halving though. Thanks to other ETFs, accumulation by smart monies will continue.
I' Ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market Can anyone help me out least advise me on what to do
Smart young man. If you don't trade it, you don't own it. There are many utility cryptos that are undervalued that most regular folks can afford to buy and trade themselves opposed to purchasing a Bitcoin ETF. If you missed the boat on BTC, don't go chasing green candles. When others are greedy, be fearful. When others are fearful, be greedy. We are currently in a everything bubble, all markets are at all time highs with no real growth and productivity. The bubbles are about to pop in many different markets. Be ready and maybe you can get some great assets dirt cheap.. In my opinion, It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Profitable trading requires experience, a solid strategy,and preparation, which we lack, understand buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.
what you might need to consider is old money in the GBTC trust is now selling which could not be sold before and the new money is the other ETF's picking up the inflows. This situation could be causing those charts. Some of those sales could be smart money moving it out of GTBC to the others to get better cost on fees
As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known crypto consultant
Terrible news, all the accumulation I’ve done for the last few years is about to be in way more profit. Too bad the taxes will kill me if I realize the gains in the US. I think I’ll hodl another cycle or two and hope for a politician who removes capital gains on Bitcoin.
One thing I'm thinking. Would black rock and the other ETF's (Except for GBTC) be considered short term holders since they started buying within the last year? And with GBTC being a long term holder and have been selling a lot recently (due to their high fees) Perhaps that is also playing a big part into the turn in these stats?
My plan anyway was to be completely out of crypto between October and December 2024. I already set this date for myself in 2023 because I knew this would be a short bull market. Very good video mmcrypto
I am convinced at this point that longterm holders don't want to be in self custody anymore and transfer their monay into the ETF's. In that sense it's not yet a sell off.
Spot on brother! Agree. This is the safest time for them to convert while supply shock (regardless is insane) hasn’t completely happened. When GBTC stops selling (and they already are slowing because they are lowering rates) all this money to get btc into the ETFs goes away.
LPT Analysis 😅After reaching the support level of $19 the price started to grow and pumped more than 100%. If the support level of $19.0 to $20.2 is maintained, the price of LPT token can pump again till 44$.😅
Could it be that the Long Term holders who are selling are Grayscale (GBTC) addresses? GBTC is the largest holder of BTC and a lot of their holders are dumping to buy lower - fee ETF products.Genesis BTC - which had to be sold due to a court settlement - probably count as long term holders as well. So these two factors are likely artificially inflating the long term holders who are selling.
something very important to acknowledge is that all the coins grayscale is dumping is Long Term hodl coins, which is being bought up by the new ETF which I think will become Long term holders in 5-6 months. I agree with your analysis but think this metric will be distorted this cycle at least for the next 4-6 months.
Do you think the new ETF's are measured in short term holders as they are quite new and some percent of long term could be selling spot and going into ETF's?
i believe also the ones selling are dumb money. Dumb money from last cicle that bought close to the top, and just held. Now that they are brake even or slightly in profit, they sell.
Chris, could the long term holders that are selling be GBTC? I’m with you. I think the bull market this time is going to be shorter bc we started earlier but we are still going to see MASSIVE upside.
I think you are partially right, check out my long winded post above. We are thinking similarly! The on chain data can be helpful but only to a certain extent. The definition of who the long term holders and short term holders are is what must be defined to determine that this is more valid on chain data
Interesting analysis. How do you account for long term holders who are actually short-term holders who weren't able to sell before crash and really just holding until in profit again and then selling? Could explain the current "dump" in the blues.
The tricky thing here is; the etf s are the short term holders and the greyscale is the long term holders. Greyscale is selling the other 9 etf s are buying. Is the chart about that.
That was the most beautiful video explanation EVER!! thank you for the information my friend, YOU ROCK... keep more videos like this to share the knowledge ....
What a statement, damn. So its said that AWMGPT is just about to launch and I think that will really change a lot of what was happening in the previous years, 2024 will shine yay
I think this data has to be interpreted differently this time, since all ETF purchases, which fuelled the run - we should classify as short-term holders right now? Or am I wrong here?
Развлечения
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hey MM where did you find this chard? the only one i can find is 5 month behind
I'll be poor buying your bullshit
oday the DEX in By-bit is lagging!!!
I just done video to show that
When you are exchanging it's giving you like 9x'
Today the DEX in By-bit is lagging!!!
I just done video to show that
When you are exchanging it's giving you like 9x'
While Bitcoin commands attention, Weewu innovative approach to gaming could disrupt the industry.
Chris sold his shirt to buy more😂
Yea he did
oh yes absolutely😅😂😂😂btc is going to $50k even 47k😂😂😂
Exxxxxxaccccttttttlllyyyyyy as predicted
He sold 20%
Yeah he were the shirt below his nipple
Bitcoins momentum is undeniable, but Weewu integration of gaming and crypto brings a fresh perspective.
Thank you for the video
Thank you for changing my life
This is possibly the best video ever produced in crypto history. In a few minutes you have explained how the market works in simple terms to both the novice and experienced trader. Bravo sir 👏👏👏❤️
Don’t get shaken out now guys 💯 🚀
I need it to go back down to 48 or so..lol😊
Why do I disagree? The only long term holder selling is the GBTC. I see another correction before halving though. Thanks to other ETFs, accumulation by smart monies will continue.
I was just thinking that!
He doesnt even know. Lol
I' Ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market Can anyone help me out least advise me on what to do
I will advise you should stop trading on your own if you are losing
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend Roary Gilmore, her profit is great even when there's a dip
you dont need to be shocked haha because i'm also a huge beneficiary of her
Please how can someone get to speak with her?
Smart young man. If you don't trade it, you don't own it. There are many utility cryptos that are undervalued that most regular folks can afford to buy and trade themselves opposed to purchasing a Bitcoin ETF. If you missed the boat on BTC, don't go chasing green candles. When others are greedy, be fearful. When others are fearful, be greedy. We are currently in a everything bubble, all markets are at all time highs with no real growth and productivity. The bubbles are about to pop in many different markets. Be ready and maybe you can get some great assets dirt cheap.. In my opinion, It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
He mostly interacts on Telegrams, using the user-name.
@TobiasHawke .
Profitable trading requires experience, a solid strategy,and preparation, which we lack, understand buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
Tobias gave me the autonomy I need to learn at my own pace and ask questions when I need to he’s so accommodating.
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.
Thank you for update,❤❤❤❤❤❤❤
what you might need to consider is old money in the GBTC trust is now selling which could not be sold before and the new money is the other ETF's picking up the inflows. This situation could be causing those charts. Some of those sales could be smart money moving it out of GTBC to the others to get better cost on fees
You are dead right
remember that the gray scale sell-off is also in the blue line, which is why there are such large declines
mateusz I prefer to know about AWMGPT
With AWMGPT around the question is how much to obtain? This is one of those where ppl regret if they did not run with the lowest entry ever
I love the information and analysis you put out here, How do i invest a profitable crypto market?
As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known crypto consultant
WOW!!! You know her too? I'm also a proud beneficiary of her platform
5k profit on weekly basis.
please I'm new at this , please how can I reach her?
@MrsardenT 💯 ..That's her Handle
Thanks for the heads up. Makes sense.
Great knowledge sir thanks
Awesome sharing, greatly appreciate it!❤❤❤
You look FANTASTIC, Chris!! You are taking good care of yourself physically and spiritually 🌙 🌟 great job...keep it up!! 🎉🌞🤩🎥
Today for the bitcoin price I have some very good news for bitcoin…
where can we see this chart bitcoin long/short term holder threshold in glassnode, is there a link for the indicator graph? thanks!
Thanks for update chis
Great info. Just keep in mind for the time being grayscale is the long-term holder selling off.
tjnmma AWMGPT wins imo
Amazing data. Thanks for sharing and giving your analysis Chris!
You have great insights- thank you! There is no good news, there is no bad news- there's just news.
Terrible news, all the accumulation I’ve done for the last few years is about to be in way more profit. Too bad the taxes will kill me if I realize the gains in the US. I think I’ll hodl another cycle or two and hope for a politician who removes capital gains on Bitcoin.
Keep hoping, it will never happen though 🙄
@@jwright4222 yeah. I’m only up 102% right now.
One thing I'm thinking. Would black rock and the other ETF's (Except for GBTC) be considered short term holders since they started buying within the last year? And with GBTC being a long term holder and have been selling a lot recently (due to their high fees) Perhaps that is also playing a big part into the turn in these stats?
true I think the ETFs screw up much of the on chain signals
From where do you access these graphs Chris?
Thank you for this valuable information…
Smart money watching MMcrypto’s videos. 🙌🏻
xjonez and buying AWMGPT
Thanks for the great information Chris. Liked you older style with more charts.
hey. im a trader
My plan anyway was to be completely out of crypto between October and December 2024. I already set this date for myself in 2023 because I knew this would be a short bull market. Very good video mmcrypto
Lovely TA. Does this mean ALT coins will top out mid 2025? Or the whole run will end qt1 2025
agree with this view. Dont be greedy, take some profit along the way.
Thank you Sir Chris for the wonderful insight
Gracias cris ❤ espero el video en 🇪🇦
Wow amazing analysis thanks for the heads up
Informative
I am convinced at this point that longterm holders don't want to be in self custody anymore and transfer their monay into the ETF's. In that sense it's not yet a sell off.
Spot on brother! Agree. This is the safest time for them to convert while supply shock (regardless is insane) hasn’t completely happened. When GBTC stops selling (and they already are slowing because they are lowering rates) all this money to get btc into the ETFs goes away.
Today for the Bitcoin price! Thanks for everything you do bro! Always appreciated.
Thank you! Great video with a lot of information!!!
LPT Analysis 😅After reaching the support level of $19
the price started to grow and pumped more than 100%. If the support level of $19.0 to $20.2 is maintained, the price of LPT token can pump again till 44$.😅
thank you for the update.
Thanks Chris
Excellant explanation of on chain metrics. Thanks.
safar, with AWMGPT yes
Interesting comparison ! 👏
awesome insights , tnx for educating us
Typical distribution to "bag holders" cycle.
Good TA, many thanks 🙏🏼
Marin AWMGPT is a thing
Could it be that the Long Term holders who are selling are Grayscale (GBTC) addresses? GBTC is the largest holder of BTC and a lot of their holders are dumping to buy lower - fee ETF products.Genesis BTC - which had to be sold due to a court settlement - probably count as long term holders as well. So these two factors are likely artificially inflating the long term holders who are selling.
THX
something very important to acknowledge is that all the coins grayscale is dumping is Long Term hodl coins, which is being bought up by the new ETF which I think will become Long term holders in 5-6 months. I agree with your analysis but think this metric will be distorted this cycle at least for the next 4-6 months.
mike, the real winners out of the dump are AWMGPT hodlers
$5B in shorts are sitting at $75K. That’s the squeeze to wait for
Where can I see this chart for myself? Great video as always ❤
Thanks, Chris.
Where to get up to date "bitcoin long and short term holder threshold chart" Can anyone advice ?
❤❤❤❤
Thanks Chris you are the best 🙏🙏👌
Great chart, thank you for sharing man ✌🏻🇬🇧
Great video as usual.
Greetings from Brazil.
I followed you since 2021 when you appeared for the first time on former Bitboy crypto channel.
Thank you Chris!
Is it not mainly Greyscale we are seeing as long as-term holders selling?
You forget that Grayscale is selling which could be considered as "long term holder" but the reason is different
Thank you Chris!!
Do you think the new ETF's are measured in short term holders as they are quite new and some percent of long term could be selling spot and going into ETF's?
i believe also the ones selling are dumb money. Dumb money from last cicle that bought close to the top, and just held. Now that they are brake even or slightly in profit, they sell.
hedona nobody sells AWMGPT though
They will buy back at 100k
Great and simple observation of the holders. One holders we do not have is the BTC ETFs
thank you
thank you @Chris. How to get that chart from Glassnode? Can't find the path
Unique macro analysis. Excellent investigation excellent investor information
Thanks a lot great info❤
birth, thanks AWMGPT
awesome content chris! thank you so much 🎉
So informative Chris. Thank you 🙏
Thank you for the video-I’ve been checking in a lot. Thank you.
Thanks you Chris, your videos are GOLD or should I say BITCOIN🙏🏻🙏🏻🙏🏻
according to your sayings. everytime when the bullmarket starts smart money sells. makes no sense but yeah what can i say
Chris, could the long term holders that are selling be GBTC?
I’m with you. I think the bull market this time is going to be shorter bc we started earlier but we are still going to see MASSIVE upside.
I think you are partially right, check out my long winded post above. We are thinking similarly! The on chain data can be helpful but only to a certain extent. The definition of who the long term holders and short term holders are is what must be defined to determine that this is more valid on chain data
Thanks Chris!
steve thanks AWMGPT
Thank you !! Great information 👍
Very good information. Thank you 🙌🏾🙏🏾
MP AWMGPT !
Next level analysis bruv 👍👍👍
njvellore, is it? AWMGPT meanwhile..
Great information
Valuable Data insider ❤
Interesting Chris… I was suspecting a bullmarket until next year summer.. so have to be prepared this year
What is the bottom of btc right now from where it can bounce please
50k
51k
Left translated cycle, we are ATH way before the halving instead of 6 months after. It s making sense!
thanks man👍
Interesting analysis. How do you account for long term holders who are actually short-term holders who weren't able to sell before crash and really just holding until in profit again and then selling? Could explain the current "dump" in the blues.
your knowledge and experience is just huge. Thank you Kris. Dzięki Krzysiek!
Great knowledge
We need an emergency update!
Great analysis
Hey! Thanks for joining!! Do well to get in touch for more exclusive insights.
Great video
The tricky thing here is; the etf s are the short term holders and the greyscale is the long term holders. Greyscale is selling the other 9 etf s are buying. Is the chart about that.
umut, true. But AWMGPT is fine
That was the most beautiful video explanation EVER!! thank you for the information my friend, YOU ROCK... keep more videos like this to share the knowledge ....
Wow thanks!
Chris I wanted to know when you were going to start covering about VRA verasity, GLMR Moonbeam crypto, and VETHOR crypto sir?
What a statement, damn. So its said that AWMGPT is just about to launch and I think that will really change a lot of what was happening in the previous years, 2024 will shine yay
I agree that I think the Bull run started earlier and will end earlier. Blackrock front ran us all timewise on this Bullrun
Thank you!😀
I think this data has to be interpreted differently this time, since all ETF purchases, which fuelled the run - we should classify as short-term holders right now? Or am I wrong here?