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

Let's dig into this. Thread 👇 Image
#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 Image

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More from @BitBabai

25 Nov
Thread on #6 of #Babai20 undervalued picks, Voyager's $VGX. Voyager is a commission-free crypto broker with 2M users and a $5B AUM.

CEO, Steve, pioneered online trading in the 1990s, and now he's repeating it for cryptos.

A bluechip in the making 💯.

Mega Thread 👇 Image
@Ehrls15 @investvoyager Today, orders are executed instantaneously but did you know back in the 1990s, you had to call your broker who calls someone at the stock exchange that shouts to execute orders?

Voyager's @Ehrls15 is one of the few people who changed this game forever. $VGX

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Now there is a new problem.

Crypto investors can't buy their favorite coins in one place today. So they open accounts at 10+ exchanges.

This is time-consuming, hard, expensive, and also very risky. With ~500 exchanges today, this is only getting worse.

$VGX

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8 Nov
Let get into #3 of #Babai20 undervalued picks $TRIAS, my biggest bag atm. @triaslab is a mammoth in the decentralized computing space with connections to Oxford, Mitsubishi, Peking Univ. It is lighting the torch in bringing "Trust" back to machines. Mega-thread below 👇.
How can a company like @23andMe that does genetic testing using your #DNA be confident that the underlying computing machines are not misusing your private data? Well, Trias is building a decentralized "Trusted" computing layer exactly to address that problem. $TRIAS
@triaslab $TRIAS solves this problem by separating the powers in cloud computing 1) power to execute software ("EXECUTIVE"), 2) power to verify the software implements only intended behaviors ("LEGISLATIVE"), and 3) power to decide who does what and who gets what ("JUDICIAL").
Read 17 tweets

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