CryptoQuant CEO Ki Young Ju has revealed important buy/sell signals for Bitcoin in a recent article. These signals are based on on-chain cost basis indicators and are typically triggered 1-2 times per cycle. By analyzing on-chain realized prices, the profitability of Bitcoin wallets can be revealed.
Currently, the return of a Bitcoin wallet stands at +127%, which is significantly higher than the -24% seen at cycle lows and 298% at cycle highs. Traders can set up preset alerts based on these cycles to help with long-term trading.
