The Bitcoin market has rallied strongly this week, breaking out of the recent consolidation range low of $40,931, and peaking at $49,044 over the weekend. After a fairly brutal September, this rally has brought with it renewed optimism for the last quarter of 2021.
Similar to our observation during the rally in la sfarsitul lunii iulie, a non-trivial volume of BTC changed hands during the recent consolidation trading range. We can see this via inspection of the coin volume which has now returned to holding an unrealised profit. This week we will analyse this return to profitability and how the fractals compare to previous market cycles. We will also look into the mining market which continues to recover after the Great Migration commenced in May.
Tabloul de bord în lanț săptămânal
Buletinul informativ Week On-chain are acum un tablou de bord live pentru toate graficele prezentate aici. De asemenea, am început producția pentru