Shift

Bitcoin

Coin

<ul class="wp-block-list news-points"> 
 <li>Inactive Supply Shift Index shows reduced selling, signaling potential Bitcoin stabilization.</li> 
 <li>Long-term holder activity in the index correlates strongly with Bitcoin price movements.</li> 
 <li>Puell Multiple at 0.4 hints Bitcoin may be near a bottom, ideal for long-term accumulation.</li> 
</ul> 
Recent<a href="https://cryptoquant.com/insights/quicktake/66e2e51c7261b47dc94de258-Bitcoin-Puell-Multiple-has-reached-the-04-range-for-the-first-time-since-the-end?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=amr-taha" target="_blank" rel="nofollow"> data</a> from CryptoQuant has shed light on a metric known as the “Inactive Supply Shift Index,” which offers an approach to analyzing Bitcoin market risks. This index, closely crafted by analyzing historical Bitcoin blockchain data, could redefine how traders and analysts interpret market dynamics. 
The Inactive Supply Shift Index measures the weekly changes in Bitcoin’s inactive supply, focusing on periods ranging from one to seven years. By tracking these changes, the index provides valuable insights into the behavior of long-term holders.&nbsp; 
Notably, the index recently reverted to near-zero levels after a phase of deep negative readings, which previously coincided with Bitcoin’s price surge past $70,000. 
The Inactive Supply Shift Index reveals two critical phases in Bitcoin’s market behavior. During periods of deep negative values, long-term holders who had accumulated Bitc…
The post <a href="https://coinedition.com/is-bitcoins-inactive-supply-index-predicting-a-calm-before-the-next-surge/">Is Bitcoin’s Inactive Supply Index Predicting a Calm Before the Next Surge?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Is Bitcoin’s Inactive Supply Index Predicting a Calm Before the Next Surge?

Coin Edition

Other articles published on Sep 14, 2024

'Rich Dad Poor Dad' Author Ends Harsh 'Bitcoin vs Gold' Debate

XRP Surges Past Long-Term Resistance: Could It Finally Outshine Ethereum?

Cracking the Code: 5 Crucial Factors Shaping Blockchain Gas Fees

Here Аre the Top 10 DeFi Projects by Development Activity

Musk Moon (MUSKMOON) Solana Memecoin to Explode 18,000% Before Exchange Listings, While SHIB and ...

These 4 Altcoins Could Turn $100 Into $100,000 Before 2025

Join our free newsletter for daily crypto updates!