HODL Wave data groups bitcoin by age since it was last moved from one wallet to another. In this example we are looking at the percentage of all bitcoins that have not been moved from one wallet to another for at least 1 year. It shows us where we are in the market cycles and is currently signalling that we are in the early bull market phase.
Disclaimer: Nothing within this article should be misconstrued as financial advice. The financial techniques described herein are for educational purposes only. Any financial positions you take on the market are at your own risk and own reward. If you need financial advice or further advice in general, it is recommended that you identify a relevantly qualified individual in your Jurisdiction who can advise you accordingly.
