{"id":503599,"date":"2022-09-25T19:00:30","date_gmt":"2022-09-25T19:00:30","guid":{"rendered":"https:\/\/ktsl888.com\/?p=503599"},"modified":"2024-06-11T14:26:37","modified_gmt":"2024-06-11T14:26:37","slug":"glassnode-bitcoin-currently-bear-bull-transition","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/","title":{"rendered":"Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period"},"content":{"rendered":"

Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period.<\/p>\n

Bitcoin Correlation Between Price And Supply In Profit Has Recently Been Below 0.75<\/h2>\n

As per a recent report by Glassnode<\/a>, the BTC correlation between the price and the supply in profit generally observes multiple drops below 0.75 during transitional periods.<\/p>\n

The “supply in profit<\/a>” is an indicator that measures the percentage of the total Bitcoin supply that’s holding some profit right now.<\/p>\n

The metric works by looking at the on-chain history of each coin to see what price it was last moved at. If this previous selling price is less than the current BTC value for any coin, then that particular coin has some unrealized profits at the moment.<\/p>\n

Related Reading: Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance<\/a><\/em><\/strong><\/div>\n

The correlation between the crypto’s price and its supply in profit tells us whether the two metrics have been moving in the same direction or not.<\/p>\n

Now, here is a chart that shows the trend in this Bitcoin correlation over the history of the crypto:<\/p>\n

\"Bitcoin<\/p>\n

The value of the metric has been low multiple times in recent days | Source: Glassnode's Market Pulse<\/a><\/pre>\n
Whenever the correlation is positive, it means the price and the supply in profit are both moving in the same direction. On the other hand, negative values imply they are going opposite ways.<\/p>\n
As you can see in the above graph, Bitcoin has historically had values above 0.9 for a majority of the time during each of the previous price cycles.<\/p>\n
However, during periods of transition between bull markets<\/a> and bear markets (as well as vice versa), the indicator usually observes multiple drops below 0.75.<\/p>\n
According to the report, these deviations occur in the case of bear to bull transitions because at late bear market stages, sellers turn exhausted while the remaining investors become reluctant to move their funds out of frustration, thus decreasing the correlation between price and supply in profit.<\/p>\n
Related Reading:  Number Of Bitcoin Addresses Sending BTC To Exchanges Continues To Drop<\/a><\/em><\/strong><\/div>\n
And during the opposite transitions, the supply in profit generally surges to almost 100% (as the price rises to a new ATH), thus diminishing any correlation with the price.<\/p>\n
Recently, the indicator has observed multiple plunges below the 0.75 threshold, suggesting that Bitcoin is currently in the historical bear to bull transition zone.<\/p>\n
BTC Price<\/h2>\n
At the time of writing, Bitcoin’s price<\/a> floats around $19.1k, down 4% in the last seven days. Over the past month, the crypto has lost 10% in value.<\/p>\n
The below chart shows the trend in the BTC price over the last five days.<\/p>\n
\"Bitcoin<\/p>\n
Looks like the value of the crypto hasn't shown much movement in the past few days | Source: BTCUSD on TradingView<\/a><\/pre>\n
Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Glassnode.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And Supply In Profit Has Recently Been Below 0.75 As per a recent report by Glassnode, the BTC correlation between the price and the supply in profit generally observes multiple drops below 0.75 during transitional periods. The “supply in profit” is an indicator that measures the percentage of the total Bitcoin supply that’s holding some profit right now. The metric works by looking at the on-chain history of each coin to see what price it was last moved at. If this previous selling price is less than the current BTC value for any coin, then that particular coin has some unrealized profits at the moment. Related Reading: Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance The correlation between the crypto’s price and its supply in profit tells us whether the two metrics have been moving in the same direction or not. Now, here is a chart that shows the trend in this Bitcoin correlation over the history of the crypto: The value of the metric has been low multiple times in recent days | Source: Glassnode’s Market Pulse Whenever the correlation is positive, it means the price and the supply in profit are both moving in the same direction. On the other hand, negative values imply they are going opposite ways. As you can see in the above graph, Bitcoin has historically had values above 0.9 for a majority of the time during each of the previous price cycles. However, during periods of transition between bull markets and bear markets (as well as vice versa), the indicator usually observes multiple drops below 0.75. According to the report, these deviations occur in the case of bear to bull transitions because at late bear market stages, sellers turn exhausted while the remaining investors become reluctant to move their funds out of frustration, thus decreasing the correlation between price and supply in profit. Related Reading: Number Of Bitcoin Addresses Sending BTC To Exchanges Continues To Drop And during the opposite transitions, the supply in profit generally surges to almost 100% (as the price rises to a new ATH), thus diminishing any correlation with the price. Recently, the indicator has observed multiple plunges below the 0.75 threshold, suggesting that Bitcoin is currently in the historical bear to bull transition zone. BTC Price At the time of writing, Bitcoin’s price floats around $19.1k, down 4% in the last seven days. Over the past month, the crypto has lost 10% in value. The below chart shows the trend in the BTC price over the last five days. Looks like the value of the crypto hasn’t shown much movement in the past few days | Source: BTCUSD on TradingView Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Glassnode.com<\/p>\n","protected":false},"author":542,"featured_media":503615,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,7104,86971,86213,85219,1119,1144,61309],"class_list":["post-503599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-bear-market","tag-bitcoin-bear-to-bull-transition","tag-bitcoin-bull-market","tag-bitcoin-supply-in-profit","tag-btc","tag-btcusd","tag-glassnode"],"acf":[],"yoast_head":"\nGlassnode: Bitcoin Is Currently In "Bear To Bull" Transition Period<\/title>\n<meta name=\"description\" content=\"Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Glassnode: Bitcoin Is Currently In "Bear To Bull" Transition Period\" \/>\n<meta property=\"og:description\" content=\"Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-25T19:00:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:26:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1703\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period\",\"datePublished\":\"2022-09-25T19:00:30+00:00\",\"dateModified\":\"2024-06-11T14:26:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/\"},\"wordCount\":430,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703\",\"keywords\":[\"bitcoin\",\"bitcoin bear market\",\"Bitcoin Bear To Bull Transition\",\"Bitcoin bull market\",\"Bitcoin Supply In Profit\",\"btc\",\"btcusd\",\"glassnode\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/\",\"url\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/\",\"name\":\"Glassnode: Bitcoin Is Currently In \\\"Bear To Bull\\\" Transition Period\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703\",\"datePublished\":\"2022-09-25T19:00:30+00:00\",\"dateModified\":\"2024-06-11T14:26:37+00:00\",\"description\":\"Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703\",\"width\":2560,\"height\":1703},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/ktsl888.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Glassnode: Bitcoin Is Currently In \"Bear To Bull\" Transition Period","description":"Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/","og_locale":"en_US","og_type":"article","og_title":"Glassnode: Bitcoin Is Currently In \"Bear To Bull\" Transition Period","og_description":"Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And","og_url":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-09-25T19:00:30+00:00","article_modified_time":"2024-06-11T14:26:37+00:00","og_image":[{"width":2560,"height":1703,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703","type":"image\/jpeg"}],"author":"Keshav Verma","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period","datePublished":"2022-09-25T19:00:30+00:00","dateModified":"2024-06-11T14:26:37+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/"},"wordCount":430,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703","keywords":["bitcoin","bitcoin bear market","Bitcoin Bear To Bull Transition","Bitcoin bull market","Bitcoin Supply In Profit","btc","btcusd","glassnode"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/","url":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/","name":"Glassnode: Bitcoin Is Currently In \"Bear To Bull\" Transition Period","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703","datePublished":"2022-09-25T19:00:30+00:00","dateModified":"2024-06-11T14:26:37+00:00","description":"Data from Glassnode suggests Bitcoin is currently in the historical bear market to bull market transition period. Bitcoin Correlation Between Price And","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703","width":2560,"height":1703},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/ktsl888.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period","url":"http:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/glassnode-bitcoin-currently-bear-bull-transition\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin bear market","bitcoin bear to bull transition","bitcoin bull market","bitcoin supply in profit","btc","btcusd","glassnode"],"dateCreated":"2022-09-25T19:00:30Z","datePublished":"2022-09-25T19:00:30Z","dateModified":"2024-06-11T14:26:37Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Glassnode: Bitcoin Is Currently In “Bear To Bull” Transition Period\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/glassnode-bitcoin-currently-bear-bull-transition\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/glassnode-bitcoin-currently-bear-bull-transition\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin bear market\",\"bitcoin bear to bull transition\",\"bitcoin bull market\",\"bitcoin supply in profit\",\"btc\",\"btcusd\",\"glassnode\"],\"dateCreated\":\"2022-09-25T19:00:30Z\",\"datePublished\":\"2022-09-25T19:00:30Z\",\"dateModified\":\"2024-06-11T14:26:37Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/09\/kanchanara-WNLqXQwRGEk-unsplash-scaled.jpg?fit=2560%2C1703","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/503599"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=503599"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/503599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/503615"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=503599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=503599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=503599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}