Bitcoin on-chain indicators are still useful.
They can miss 30% moves but tend to be right on 600% moves.
On-chain data works best for long-term trends, while short-term price action is better analyzed using technical analysis on market data.
They can miss 30% moves but tend to be right on 600% moves.
On-chain data works best for long-term trends, while short-term price action is better analyzed using technical analysis on market data.