Description:
Whale: Whale utilizing discounted prices (increasing on-chain volume & decreasing price)
Recovering: Positive momentum in price after potential whale activity
Cycle Volume Support: The transaction volume support during a cycle
What’s the best time to invest?
After institutions make up their mind at low price levels.
How’s on-chain volume related...
This is a model to calculate Bitcoin price based on Difficulty.
How to calculate it:
BDM = (difficulty^0.51) * 0.002
For the difficulty, the daily average is used.