The Week On-chain Newsletter

The Market Compass (May 2020)

A thorough overview of the Bitcoin network's development during the month of May.

Glassnode

Jun 4, 2020 • 1 min read

In this issue, we first provide an assessment of the ecosystem’s aggregate state by analysing the behaviour of GNI and its subcomponents, before combining this information with price trends and identifying the current regime. At the end, we provide a Deep Dive into the subconstituents of GNI and analyse their behaviour, especially their individual reactions towards price movements in May.

Future editions will be available monthly to advanced & pro subscribers.

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Disclaimer: This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.