EPISODE · Aug 20, 2021 · 26 MIN
On-Chain Analysis - How It Works & Bitcoin & Ethereum Price Forecast With Mike Gavela
from Coinstack - For Smart Crypto Investors - Bitcoin, Ethereum, DeFi & The Future of Money · host Coinstack
In this episode we interview Mike Gavela, an on-chain analyst who focuses on Bitcoin and Ethereum. We explain what on-chain analysis is, how on-chain analysis works, how to predict short and medium-term price movements using on-chain analysis, and the best tools in the space like Glassnode, TokenTerminal, and Dune Analytics. We also discuss our market forecast for where the price of Bitcoin and Ethereum will reach in the current cycle. Mike is confident we will pass $100k BTC and $5k ETH in this cycle based on the on-chain data, market cycle lengthening, and the amount of capital coming into the space. Mike also introduces us to three of his favorite metrics Realized Price, NUPL and SOPR. In addition to Bitcoin and Ethereum we also discuss Solana and Polkadot. Read our weekly newsletter at coinstack.substack.com and join our telegram group at t.me/thecoinstack.
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On-Chain Analysis - How It Works & Bitcoin & Ethereum Price Forecast With Mike Gavela
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