The only 8 indicators you'd ever need to find a bull cycle top.
#bitcoin $BTC #buythedip #Crypto
1) RSI
2) Active addresses
3) % balance on exchanges
4) Exchanges net transfer volume
5) Stock 2 flow
6) HODL waves
7) Liveliness
8) Top cap model
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#1 of 8: RSI on monthly chart
#bitcoin $BTC #buythedip #Crypto
Relative Strength Index (RSI) indicates if an asset is overbought (>70) or oversold (<30).
Top signal: When RSI is nearing a double-top at ~90
Credits: @TechDev_52
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#2 of 8: Active addresses
#bitcoin $BTC #buythedip #Crypto
These are unique addresses that were part of recent transactions either as a sender or receiver.
Top signal: When the number of avg. active addresses are much bigger than the previous all-time high.
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#3 of 8: % balance on exchanges
#bitcoin $BTC #buythedip #Crypto
Top signal: When the % balance is increasing and reaches much higher than the previous ATH
We are making multi-year lows!
Signs of an extended or super bull cycle?
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#4 of 8: Exchanges net transfer volume
#bitcoin $BTC #buythedip #Crypto
Top signal: Increasing inflow spikes and spikes are bigger than those in the previous cycle.
It's doing the opposite. Bitcoin is leaving exchanges instead!
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#5 of 8: Stock-to-Flow Ratio
#bitcoin $BTC #buythedip #Crypto
A ratio of current supply to new production. Works on the premise that scarcity drives value.
Top signal: Price well above the Stock-to-Flow ratio.
Credits: @100trillionUSD
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#6 of 8: HODL Waves
#bitcoin $BTC #buythedip #Crypto
Shows the age distribution of coins transacted.
Top signal: At least 55% of the supply are coins younger than 1 year.
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#7 of 8: Liveliness
#bitcoin $BTC #buythedip #Crypto
Indicates whether there is more hodling compared to spending.
⬆️ = Long-term hodlers liquidating
⬇️➡️ = Long-term hodlers accumulating
Top signal: Increasing and ATH Liveliness.
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#8 of 8: Top Cap Model
#bitcoin $BTC #buythedip #Crypto
Average Cap: Cumulative sum of daily market cap divided by no. of days in the market
Top Cap: 35 times Average Cap
Top signal: BTC market cap close to the Top Cap trend line.
Credits: @woonomic
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