On-Chain Analysis: Is This BETTER Than Technical Analysis? 📈

On-chain analysis is a way to value Bitcoin (and other cryptocurrencies) and predict its future price movement by looking at data we can extract directly from the blockchain. Remember, we can view things like number of active addresses and number of transactions, etc. pretty easily. But then people have built models and ratios on top like NVT ratio, RHODL, MVRV z-score, SOPR, Reserve Risk, Puell Multiple, and much more! Then we can overlay historical price action on top to get a sense of when price is overvalued or undervalued relative to the network utility and other usage metrics. This is more of a fundamentals approach compared to Technical Analysis and chart trading. That’s why I’m a huge fan of On-chain analysis and have to share with you what it’s all about in this video!

Timestamps:
0:00 Intro (TA vs On-chain)
1:28 What is On-chain Analysis?
3:33 Examples of Metrics (RHODL, MVRV, SOPR)
5:16 How To View These?
6:25 My FAVORITE metrics
7:50 Notable Limitations
9:18 1 Last Warning

#Bitcoin #BTC #Onchain #Analysis #Glassnode #SOPR #NVT #MVRV #RHODL #Puell #Price #Prediction #Target

[InvestingEducation]

Really useful video. Would like to see a deeper dive on this

[woobull]

Stock to Flow model in its first form might be wrong but that doesn't invalidate a potential link between scarcity and value for Bitcoin. Just might not have been discovered or proven yet.

[thehonesttruth]

The Honest Truth is that you're absolutely right about the limitations, too many analysts like Will Clemente only look at recent data and are very biased in how they pick and choose metrics and narratives to share.

[arslanduha]

It was a great informative video, thanks man.

[TripleMoonGoddess]

What do you see about Safuu X blockchain launch 🚀 in January ❤

[abdullahmeydan]

İs it work with index like US30? I know you're talking about crypto but I need to ask it

[stevend.bennett]

A rising tide lifts all boats. The tide is out.

[cryptolicious]

great video! why isnt SOL listed for cmc chain analysis nor intotheblock ?

[maykonbelter]

You could make an analysis of the Pokerfi project, and make your analysis...

[alextelus]

You think Plan B is flawed. Haha how amusing.

[UserName________]

Dude... you use Technical Analysis to perform On-Chain Analysis. It’s not one or the other.

[erickayson]

Most informative video I've watched this year. Loving this content 👏
Congratulations on closing in on 100k subscribers.

[oselectricos]

Great video! 🙏
☝️Where can you view the whale balances (addresses that hold between amount y and amount z)?

[andorxy]

can you please refer to some twitter accounts or newsletters that share these premium services data?

[gitanacowgirl]

I loved this! You do a great job of teaching. Thank you!

[casone]

What is up money maker ..Harrow I'M A DAVID WE ALL DAVIDS CHOU HI little sir..stay wowk...u better than ur cuz George from cryptorus. At least u don't say everything twice...especially the word. Wrecked wrecked lol...

[micocarpio]

I like how he threw shade on Plan B's S2F. And for that, I'm subscribing. Lol

[mxtxtraveler]

who should I follow besides willy woo? he's the only one I know of

[bcbc]

omg can i get that credit card anymore?

[cryptogranny]

Very good! I already use some of them, Whale balances on bitinfocharts, and Poell multiple, and NVT, And the Rhodl, and MVRV, (when in green, buy, when in pink sell)... but, nice, thanks, I got some more now!