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megifebrian201
@riskapratiwi
To predict Bitcoin price trends by analyzing holding address distribution, focus on key metrics: concentration of BTC in large wallets (whales), dormant address activity, and accumulation by smaller holders. High concentration in whale addresses may signal potential sell-offs, pressuring prices downward. Conversely, increased activity in long-dormant addresses could indicate profit-taking or redistribution, often preceding volatility. Tracking accumulation trends—more BTC moving to small or mid-sized wallets—suggests growing confidence and potential bullish momentum. Cross-reference with on-chain data like transaction volume and exchange inflows for context. For precision, use tools to scrape real-time Bitcoin address data, monitor shifts via X posts from crypto analysts, and search web-based blockchain explorers. This method leverages distribution patterns to forecast supply-demand dynamics, offering a data-driven price outlook.
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