
New Chart to Celebrate Bitcoin’s New ATH - This visualization makes it easy to see how much money is flowing into Bitcoin. It seems that the Bitcoin bull market has finally kicked into its most parabolic phase. For those who were into Bitcoin in previous cycles, you know what this means: Bitcoin’s price multiplying several times rapidly (often following a sharp decline). Exciting times ahead! To celebrate, we’ve released the Realized Cap Dollar Change chart. With this new visualization, we can easily see how many dollars have entered the Bitcoin network over the past 30 days, at each point in time. By default, the chart shows data for all holders, but you can use the buttons below to switch between different cohorts, short-term or long-term holders, across various timeframes. The group I like to analyze the most is STH<1y, that is, holders who have held Bitcoin for less than one year. In the Realized Cap Dollar Change chart, you can see that local tops and bottoms in the Bitcoin price often coincide with reversals in this metric. It's now starting to rise again, indicating that dollar inflows into Bitcoin are increasing. Here is the live chart: https://bitcoinisdata.com/realized_cap_dollar_change/ That’s all for today, have a great one!
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Beautiful visualizations of challenging Bitcoin metrics, with raw data available in CSV/XLSX/JSON formats. Updated hourly. www.bitcoinisdata.com
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