On-chain Analysis

Buying Bitcoin during bull market dips requires a strategic approach to avoid overpaying while maximizing returns.

Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K.

The Puell Multiple is a powerful tool for Bitcoin investors, analyzing miner revenues to identify potential market tops and bottoms. Here’s how to read it—and what it’s signaling today.

Bitcoin Magazine Pro lead analyst Matt Crosby uses mathematical analysis to predict the next Bitcoin bull cycle peak, forecasting a potential peak price between $256,000 and $310,000 by August 24, 2025.

The Realized Cap HODL Waves chart highlights how Bitcoin's market cycles align with shifts in investor behavior. With short-term holders currently at ~55% of total realized value, the data suggests significant upside potential before the market overheats near 80%.

An analysis of on-chain activity surrounding exchanges for the year 2023.

How many bitcoin users are there? How should we define a bitcoin user? An analysis for categorizing and tracking user growth compared to other estimates.

Bitcoin supply-side dynamics and on-chain indicators look to be as strong as ever, but macroeconomic headwinds remain for legacy and risk assets.

The brunt of the price-based capitulation has already been felt, while the real pain ahead is a waiting game for the market to finally turn around.

Bitcoin has seen major capitulation from all-time highs and on-chain indicators suggest the worst may be behind us, but significant macro challenges remain.