Event JSON
{
"id": "eea833059006c4deb605bec5b3d66d22a8b708cca0e3406fcaaefc2be07d411c",
"pubkey": "2902af7ca5cf9039dd5846469404be1010a5460af4e52b3a857a6db84dad3caa",
"created_at": 1734703640,
"kind": 1,
"tags": [
[
"r",
"https://bitcoinmagazine.com/markets/exploring-six-on-chain-indicators-to-understand-the-bitcoin-market-cycle"
],
[
"subject",
"Exploring Six On-Chain Indicators to Understand the Bitcoin Market Cycle"
],
[
"published_at",
"1734702887"
],
[
"image",
"https://bitcoinmagazine.com/.image/c_fit%2Ch_800%2Cw_1200/MjExNTMxOTE2MTM2OTQ4ODk1/bitcoin-market-cycle-on-chain-indicators.jpg"
],
[
"p",
"2902af7ca5cf9039dd5846469404be1010a5460af4e52b3a857a6db84dad3caa",
"wss://articles.layer3.news"
],
[
"imeta",
"url https://bitcoinmagazine.com/.image/c_fit%2Ch_800%2Cw_1200/MjExNTMxOTE2MTM2OTQ4ODk1/bitcoin-market-cycle-on-chain-indicators.jpg"
],
[
"t",
"technology"
],
[
"p",
"723495558ac43be0e84429d475c78ddcc8f847f96b75db194d05a19bb7c77d87",
"wss://articles.layer3.news"
],
[
"e",
"55893150a954b2a9074849538aa5b97c7dcb2d1c368666baca736895729080c8",
"wss://articles.layer3.news",
"root"
],
[
"q",
"55893150a954b2a9074849538aa5b97c7dcb2d1c368666baca736895729080c8",
"wss://articles.layer3.news"
]
],
"content": "\nnostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqwg6f24v2csa7p6zy9828t3udmny0s3ledd6akx2dqksehd780krsc36atj\n✍️ The article discusses the analysis of on-chain data to understand the underlying health of the Bitcoin market, providing insights into price movements and potential market peaks or retracements.\n👉 The Terminal Price metric has surpassed $185,000 and is likely to rise toward $200,000.\n👉 The Puell Multiple has climbed above 1.00, signaling a return to profitability for miners.\n👉 The MVRV Z-Score remains below the overheated red zone, suggesting that there's still room for growth.\n👉 Active Address Sentiment indicates a healthy consolidation period after Bitcoin's rapid climb from $50,000 to $100,000.\n👉 Recent data shows an uptick in profit-taking, potentially indicating we are entering the latter stages of the cycle.\n👉 Value Days Destroyed is warm but not too hot, suggesting it could sustain this range for months before a peak.\n\n#technology\nnostr:nevent1qvzqqqqqqypzqu35j42c43pmur5yg2w5whrcmhxglprlj6m4mvv56pdpnwmuwlv8qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq2kynz59f2je2jp6gf9fc4fde037uktgux6rxdwk2wd5f2u5ssryqlp3zsq \n",
"sig": "bd98870da4e3b6edc82f37bff08ed3cb1823e8eff50ee6781460baf31f011f18e52a86fa7766d7dc1d770ca81063dbf06a25c4e09df9bb1aaa67a6d127325016"
}
