Bitcoin's precarious position after a tumultuous sell-off has led to a new focus on on-chain metrics, with one revealing a potentially volatile September. The realized loss momentum, a novel indicator introduced by Glassnode, is designed to identify significant market turning points... Could this tool, based on the activity of short-term holders, predict Bitcoin's next move? ...
![Navigating Bitcoin’s sideways trend with realized loss momentum](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/08/bitcoin-trend.jpg&w=70&h=37&q=75)
Navigating Bitcoin’s sideways trend with realized loss momentum
Realized loss momentum shows Bitcoin could potentially face a volatile few weeks and indicates only sideways movement going into autumn.
![Navigating Bitcoin’s sideways trend with realized loss momentum](https://cryptoslate.com/wp-content/uploads/2023/08/bitcoin-trend-768x403.jpg)
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.