{"id":241671,"date":"2022-06-19T16:00:22","date_gmt":"2022-06-19T10:30:22","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=241671"},"modified":"2022-06-19T20:19:51","modified_gmt":"2022-06-19T14:49:51","slug":"bottoms-up-how-investors-are-looking-at-bitcoin-right-now","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/","title":{"rendered":"Bottom’s up? How investors are looking at Bitcoin right now"},"content":{"rendered":"
\n

The crypto-markets continue to slide lower than usual as Bitcoin [BTC]<\/a> tumbled to a new low on 19 June. Moreover, the king coin breached a prior cycle\u2019s all-time high for the first time in its history after dropping below $18k. This has piled on more pressure on investors who are struggling in these extreme market conditions.<\/p>\n<\/div>\n

\n

New day, new history<\/h4>\n<\/div>\n
\n

Bitcoin fell below its 2017 all-time high for the first time in its history after dipping below $18k. In the last 24 hours alone, it dipped to as low as $17,700. However, it soon recovered and stood at $18,350. One of the major reasons for the uptick is the multi-fold increase in the volume of the network. Currently up by a whopping 83%, volume estimates are signalling a potential rally in the coming days.<\/p>\n<\/div>\n

\n

There are even suggestions that BTC has found its local bottom in the current crash. After rejecting the $20k support, investors believe $17,500 can be the new bottom. There is evidence to support this hypothesis.<\/p>\n

As per Santiment<\/a>, Bitcoin\u2019s supply on exchanges has dropped massively in recent days. As shown below, 0.6% has moved off exchanges in the last five days alone. This means there is growing consensus that the worst is over and a rally is on the cards for Bitcoin.<\/p>\n<\/div>\n

\n

“This is indicative of hodlers who stuck with BTC through this downfall being content with volatile markets at this point, and willing to ride it out.”<\/p><\/blockquote>\n

\"\"<\/a>
Source: Santiment<\/figcaption><\/figure>\n<\/div>\n
\n

Latest Glassnode data also suggests the same. It revealed that Exchange Outflow Volume (7D MA) hit a two-year high today at 4,128.6 BTC. This metric previously reached its high back in May 2021 at 4,066.2 BTC.<\/p>\n

With outflows gaining strength, this could be the signal for whales to start accumulating the “discounted” prices of BTC.<\/p>\n<\/div>\n

\"\"<\/a>
Source: Glassnode<\/figcaption><\/figure>\n

Striking a dilemma<\/h4>\n

While exchanges may be emptying out BTC, here is a metric that suggests more pain down the line. According to Santiment’s analysis<\/a>, Bitcoin saw the biggest realized losses this week.<\/p>\n

This was estimated by using the network realized profit loss metric. This also throws light on investor pain during a week in which the crypto shed almost 33% of its value.<\/p>\n

\"\"<\/a>
Source: Santiment<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

The crypto-markets continue to slide lower than usual as Bitcoin [BTC] tumbled to a new low on 19 June. Moreover, the king coin breached a prior cycle\u2019s all-time high for the first time in its history after dropping below $18k. This has piled on more pressure on investors who are struggling in these extreme marketContinue reading “Bottom’s up? How investors are looking at Bitcoin right now”<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":241675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,4,20],"tags":[],"class_list":["post-241671","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nBottom's up? How investors are looking at Bitcoin right now - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Bitcoin fell below its 2017 all-time high for the first time in its history after dipping below $18k. In the last 24 hours alone, it dipped..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bottom's up? How investors are looking at Bitcoin right now - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The crypto-markets continue to slide lower than usual as Bitcoin tumbled to a new low on 19 June. Moreover, the king coin breached a prior cycle\u2019s\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-19T10:30:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-19T14:49:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/06\/stock-g3b83dd908_1280-e1655622370681.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kanav Jain\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/kanavjain101\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kanav Jain\" \/>\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:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/\"},\"author\":{\"name\":\"Kanav Jain\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5d5c4adae93dab23234d98e86a1169ae\"},\"headline\":\"Bottom’s up? How investors are looking at Bitcoin right now\",\"datePublished\":\"2022-06-19T10:30:22+00:00\",\"dateModified\":\"2022-06-19T14:49:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/\"},\"wordCount\":390,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/stock-g3b83dd908_1280-e1655622370681.jpg\",\"articleSection\":[\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/\",\"name\":\"Bottom's up? How investors are looking at Bitcoin right now - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/stock-g3b83dd908_1280-e1655622370681.jpg\",\"datePublished\":\"2022-06-19T10:30:22+00:00\",\"dateModified\":\"2022-06-19T14:49:51+00:00\",\"description\":\"Bitcoin fell below its 2017 all-time high for the first time in its history after dipping below $18k. In the last 24 hours alone, it dipped..\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/stock-g3b83dd908_1280-e1655622370681.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/stock-g3b83dd908_1280-e1655622370681.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Bottom's up? How investors are looking at Bitcoin right now\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5d5c4adae93dab23234d98e86a1169ae\",\"name\":\"Kanav Jain\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg\",\"caption\":\"Kanav Jain\"},\"description\":\"Kanav is a journalist at AMBCrypto. He has a Masters in Media and International Conflict and is interested in areas of digital society, crypto developments in the political sphere and the socio-cultural impact of a crypto-society.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/kanav-jain-0282a31b7\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/kanavjain101\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/kanav-jain\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bottom's up? How investors are looking at Bitcoin right now - AMBCrypto","description":"Bitcoin fell below its 2017 all-time high for the first time in its history after dipping below $18k. In the last 24 hours alone, it dipped..","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/","og_locale":"en_US","og_type":"article","og_title":"Bottom's up? How investors are looking at Bitcoin right now - AMBCrypto","og_description":"The crypto-markets continue to slide lower than usual as Bitcoin tumbled to a new low on 19 June. Moreover, the king coin breached a prior cycle\u2019s","og_url":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2022-06-19T10:30:22+00:00","article_modified_time":"2022-06-19T14:49:51+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/06\/stock-g3b83dd908_1280-e1655622370681.jpg","type":"image\/jpeg"}],"author":"Kanav Jain","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/kanavjain101","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Kanav Jain","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/"},"author":{"name":"Kanav Jain","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/5d5c4adae93dab23234d98e86a1169ae"},"headline":"Bottom’s up? How investors are looking at Bitcoin right now","datePublished":"2022-06-19T10:30:22+00:00","dateModified":"2022-06-19T14:49:51+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/"},"wordCount":390,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/06\/stock-g3b83dd908_1280-e1655622370681.jpg","articleSection":["Bitcoin","BTC Trading View","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/","url":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/","name":"Bottom's up? How investors are looking at Bitcoin right now - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/06\/stock-g3b83dd908_1280-e1655622370681.jpg","datePublished":"2022-06-19T10:30:22+00:00","dateModified":"2022-06-19T14:49:51+00:00","description":"Bitcoin fell below its 2017 all-time high for the first time in its history after dipping below $18k. In the last 24 hours alone, it dipped..","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/bottoms-up-how-investors-are-looking-at-bitcoin-right-now\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/06\/stock-g3b83dd908_1280-e1655622370681.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/06\/stock-g3b83dd908_1280-e1655622370681.jpg","width":1200,"height":800,"caption":"Bottom's up? How investors are looking at Bitcoin right now"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/5d5c4adae93dab23234d98e86a1169ae","name":"Kanav Jain","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg","caption":"Kanav Jain"},"description":"Kanav is a journalist at AMBCrypto. He has a Masters in Media and International Conflict and is interested in areas of digital society, crypto developments in the political sphere and the socio-cultural impact of a crypto-society.","sameAs":["https:\/\/www.linkedin.com\/in\/kanav-jain-0282a31b7\/","https:\/\/x.com\/https:\/\/twitter.com\/kanavjain101"],"url":"https:\/\/ambcrypto.com\/author\/kanav-jain\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/241671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=241671"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/241671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/241675"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=241671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=241671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=241671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}