#063 - 300 Bitcoin Charts to Level UP Your Trading Skills [Free Resource]

300 Bitcoin Charts to Level UP Your Trading Skills [Free Resource]

I love data-driven insights that empower better trading decisions.

That’s why I’ve created a massive list of 300 freely accessible data-driven Bitcoin charts that you can use for your short and long-term analysis.

There are a few charts in the list that are not exclusively for Bitcoin analysis but for other altcoins.

Why is this relevant to you?

If you are the type of person, who doesn’t just want to rely on emotions and gut feeling to decide if the market has topped or if it’s a good time to buy.

If so, you’re already ahead of 95% of retail investors by reading the Onchain Edge newsletter.

These 300 charts will allow you to make more informed decisions.

Enjoy!

I’m Kierin, the mind behind Onchain Edge, providing weekly data-driven insights for crypto investors. Join over 800 savvy investors and make informed decisions in this rally.

BTC Onchain Edge Index (current value: 31.22 Neutral DCA 0)

Click here to get instant access to 300+ on-chain and market charts.

If you want a bit more info on what’s contained in the spreadsheet with a few examples, continue reading:

The Power of On-Chain Analysis

On-chain analysis is probably one of the most underrated forms of crypto analysis that you can do.

Very few retail investors know about this.

On-chain analysis is like having a backstage pass to the blockchain.

It gives you the inside scoop that regular market analysis misses.

The Data-Driven Advantage: Why On-Chain Metrics Matter

On-chain metrics bring you unfiltered, real-time data straight from the blockchain.

This kind of insight offers a view into market dynamics that traditional analysis can't match.

Here are a few onchain metrics that I like:https://x.com/onchain_edge/status/1810977322977349939

Key On-Chain Metrics for Smarter Bitcoin Investing

A. Market Cycle Analysis

• MVRV Z-Score: This useful tool helps you figure out when Bitcoin is over or undervalued. It’s one of the metrics I used to calculate the Onchain Edge Index

• Pi Cycle Top Indicator: Perfect for spotting market peaks. It uses the relationship between two moving averages. .

• Puell Multiple: Measures how profitable mining is, which helps you understand market cycles.

B. Investor Behavior Insights

• Exchange Balance: Tracks Bitcoin held on exchanges.

• HODL Waves: Shows holding periods and accumulation trends.

• Realized Cap HODL Waves: A more in-depth look into HODL Waves, weighing investor behavior.

C. Valuation and Price Indicators

• Stock-to-Flow Model: Predicts long-term prices based on Bitcoin’s scarcity.

• Bitcoin Rainbow Chart: A colorful tool to gauge Bitcoin’s value over time.

• Realized Price vs. 200-week Moving Average: This chart provides historical price context, which is useful for determining when BTC is extremely undervalued.

D. Network Health and Adoption

• Active Addresses: Measures network usage and growth, signaling broader adoption. Example Chart: 

• Hash Rate and Mining Difficulty: Indicates the network's security strength.

• Lightning Network Capacity: Tracks the progress of Bitcoin's Layer 2 scaling.

Practical Applications: Maximizing Your Bitcoin Investment Strategy

On-chain metrics help manage risk through diversification and position sizing.

Plus, they identify great accumulation opportunities in bear markets.

Example Chart: Bitcoin Price Prediction 

It uses various models to forecast Bitcoin's future price based on historical and on-chain data. Key models include:

• Stock-to-Flow: Predicts price based on Bitcoin's scarcity, comparing it to precious metals like gold.

• 2-Year MA Multiplier: This tool uses a 2-year moving average and it’s multiple to identify buy (below 2yr MA) and sell (above 2yr MA x5) zones.

• Delta Cap and Top Cap: Calculates potential market highs and lows using historical market cap data.

These models can help you quickly see if the market is undervalued or overvalued.

300 BTC on-chain charts to make better trades

You can access the spreadsheet by clicking on the link below.

Get instant access to the 300+ on-chain and market charts spreadsheet

I hope you found this useful. There are many charts I haven’t included in this list, as I still need to scrape and update the information.

I will be releasing a newer version in a few weeks.

I hope you enjoyed this post!

https://x.com/onchain_edge/status/181097732297734993