Bitcoin Price Frictions Explained in 5 Simple Futures and Blockchain Signals

Written by jrodthoughts | Published 2020/04/23
Tech Story Tags: ethereum | cryptocurrency | intotheblock | latest-tech-stories | crypto | cryptocurrency-top-story | ethereum-top-story | analyzing-utxos

TLDR Bitcoin Price Frictions Explained in 5 Simple Futures and Blockchain Signals. Jesus Rodriguez Chief Scientist, Managing Partner at Invector Labs, CTO at IntoTheBlock. Bitcoin has been struggling to break different levels above the $7000 mark in recent days. The number of UTXO transactions younger than a day has increased by 24% in the last few days while the corresponding UTXOs between 1 day and 1 week has decreased by 10%. This signals an increasing sell activity.via the TL;DR App

no story

Written by jrodthoughts | Chief Scientist, Managing Partner at Invector Labs. CTO at IntoTheBlock. Angel Investor, Writer, Boa
Published by HackerNoon on 2020/04/23