Below is a short overview of tools and sources, that I currently use to keep an eye on market trends … mostly changes and background noise that affect Bitcoin. For my weekly technical analysis, I usually look at these charts.

001 OVERALL SENTIMENT AND TRENDS

First, I take a quick glance at the ›Fear and Greed Index‹ on coinmarketcap.com to check the sentiment of the market. How is people’s emotional condition?

For a general overview regarding crypto hypes, I check the ›Funding Rate Heatmap‹ on coinglass.com – with Bitcoin showing in the first line of the map.

By using ›Google Trends‹ I can screen how often words like bitcoin and crypto have been searched in the last 90 days – as an indicator for an overall interest.

002 VOLUME AND TIME ZONES

To get more clear on the activity on crypto exchanges and the volume of money in circulation, I use this ›Daily Exchange Volume‹ chart on theblock.co

I can even see in which trading session people are most active, by checking the ›Binance BTCUSDT Volume During Different Trading Sessions‹.

003 THE SHITCOIN SPHERE

All the shitcoins and latest stupid projects are floating around in the space of ›Crypto Bubbles‹. As a summary of crypto activity that should be avoided.

Who got wrecked? A glance into the latest drama on the crypto market can be observed on the ›Liquidations Heatmap‹ at coinglass.com.

004 ETF AND MARKETMAKERS

Since ETFs have an increasing influence on the Bitcoin trends, I go to the following pages to check if institutional traders are more leaning towards selling or buying. In- and outflow in numbers or as visuals ›Total Bitcoin Spot ETF Net Inflow‹ on coinglass.com, the ›Cryptocurrency ETF Tracker‹ on coinmarketcap.com and ›ETF Assets‹ on sosovalue.com

005 LONGTERM PRICE RANGE FOR BTC

For a more long-term overview, it’s best to watch the price in relation to average bands like the ›Bitcoin: Price Temperature‹ on glassnode.com or the ›Bitcoin Investor Tool: 2-Year MA Multiplier‹ at bitcoinmagazinepro. Those are essential tools for lump-sum investors like me.

With the graph on ›Bitcoin Realized Profit‹ at newhedge.io I get a sense of when other people thought the price of BTC was high enough to switch to selling instead of buying.

006 PRICE ACTION – AT THE MOMENT

For observations of the BTC price – on a more shortterm, daily basis – coinglass.com is a neat source with these three tools: ›Liquidation Heatmap‹ which is a pretty neat visual or the ›Hyperliquid Whale Tracker‹ and the ›BTC Whale Orders & Large Trades‹.

007 GLOBAL M2 AND INTEREST RATES

To get more data about the broader context in which Bitcoin operates, it usefull to look at the chart of broad liquidity on ›Global M2 versus Bitcoin‹ provided by bitcoincounterflow.com or the chart of ›Bitcoin and M2 Growth‹ at charts.bgeometrics.com.

In addition, for an overall trend the ›Interest Rates in the US‹ are still relevant – as long as the dollar will continue to stay as leading fiat currency.

008 MARKET CAP OF GLOBAL ASSETS

It’s always interesting to observe what people all over the globe consider a valuable asset besides gold and silver on the ›Bitcoin and Global Listed Companies Rankings‹

People to follow for more details on Bitcoin

@CryptoFace – is trading live on youtube | It’s always fun to observe a bitcoin whale in his natural habitat. Trades and news about the market sprinkled with metal music, dirty jokes and a lot of cursing. Just makes me laugh every time.

@JoeNakamoto | Is testing the application and use of Bitcoin in the physical world.

@exitmanual | Explaining money and economic systems in simple entertaining ways.

@blocktrainer | Roman Reher is on a mission to raise awareness for BTC and the technology behind it among the german people. Which includes educating policitians.

@LynAldenContact | Is pushing for innovation with her book ›Broken Money‹ 

@_whitneywebb | Has a finetuned sense about developments around BTC.

@Diditaihuttu | thebitcoinfamily is a friendly space to learn more about Bitcoin.

The Bitcoin price charts on exchanges

Charts and prices on spot trading for the BTC/EUR pairing … since this is my current focus. Do I use any of these exchanges? Not yet. Therefore, I can’t provide any recommendations. Scribbling trendline into the charts and adding rays is kind of fun. | Bitget | Kraken

#BTC #bitcoin #research #technicalanalysis | ad | annonse | anzeige

As always, I’m simply reflecting on my own experiences and ideas here. This content is my personal opinion and therefore purely educational for the reader – and definitely not financial advice. | Ich reflektiere hier nur über meine eigenen Erfahrungen und Ideen. Die Inhalte sind meine persönliche Meinung und dienen nur der Bildung der Leser – und sind definitiv keine Finanzberatung.