The Currency analytics
Bitcoin (BTC) has experienced a subtle pullback from its recent highs, currently trading in the low $120,000 range. While price movements have caught the atten…
Traditionally, miner behavior has been closely linked to Bitcoin’s price. When miners transfer BTC to exchanges, they increase the supply available for trading…
The 30-day rolling correlation is a crucial indicator in understanding market behavior. It measures how closely two variables, such as Bitcoin’s price and mine…
This decoupling implies that Bitcoin’s recent gains are being driven primarily by investor and institutional demand rather than miner activity. Unlike previous…
However, the picture is nuanced. While the negative correlation points to a healthier balance between supply and demand, analysts caution that any sudden shift…
BTC’s short-term technical levels are also crucial in determining its next moves. Following the recent decline to the low $120,000 range, analysts highlight th…