Bitcoin bear markets can be painful, examples include Jan 2015, Nov 2018, and March 2020, all of which saw Bitcoin prices drop over 50% in just a few days.
Investors have capitulated over $2.5 Billion in net realised value this week. Short-Term Holders are currently holding historically large unrealized losses and are trying to get their money back.
This week I will put more attention in my report on levels of Bitcoin and Stable coins in Exchanges, NUPL, Short Term Holder and Long Term Holder SOPR, Open Interest in futures markets, and other metrics.
This week I will put more attention in my report on levels of Open Interest in futures markets, Bitcoin Inflows and Outflows, Miners reserves and other metrics.
There are signs of a bear market, in fact the long term structure remains bullish. Completion of a downward price grind may end with a down squeeze, then a recovery bounce.
During the week 6-12 December, Bitcoin price has lost maximum around 12.05%. Now it’s valuable to have a response from the long term and short term buyers.
Market had a huge volatility and high losses for traders who work with futures. Bitcoin price felt more than $9k in a single day in some exchanges, that leaded to closed over $5.4B worth of futures contracts.
Despite Bitcoin now is trading over 15% below the all-time-high, the market is actually in a healthier position when compared to the September correction.
Ivan is a crypto portfolio manager with over five years of experience. He is also an investor and advisor in a number of blockchain projects. Ivan holds a PhD degree in International Economy.
Dmytro headed a startup accelerator and an innovation hub. He helped over 100 early-stage startups to grow and attract funding. Wrote his first article about blockchain and its legal aspects in 2016.
Taras is a serial entrepreneur, and active investor in the area of blockchain companies, and digital assets. He also has over five years of management experience in top-tier international companies.
Apoorva is an investor and a VC fund partner. He is a four times founder with three successful exits. He has experience as a CEO, CTO, CSO & General Partner in Web 3.0, Fintech, SaaS, and E-commerce.
Amine serves as a fund manager for Royal family offices in the Middle East. He worked for big 4s and a leading investment bank in Canada. He also co-founded a tech company and advises blockchain projects.
Marine is a founder of a web3 venture studio. Previously, she built investment portfolios for two VC funds and managed investor relations for a company that went public on NASDAQ.
Yulia is an investment professional with over 11 years of experience in asset management, corporate development, and strategy consulting both on the institutional investor and business side.
Richard has experience in sourcing, evaluating, structuring, and executing investments. He served as the lead U.S. M&A team member for a SGX-listed company, and also worked on behalf of several startups.
Kamesh is a senior executive for over two decades at global organisations, managing and growing large P&Ls. He is a Chief Growth Officer at a venture fund, where he provides leadership in strategy, fundraising, venture lab creation, and sourcing.
Adam has a 10 year background in crypto, having created one of the first ever ASIC-based Bitcoin Mining-as-a-Service companies in the US. Adam studied at Harvard and has a Finance/Computer Science background.