BTCUSDT OBV
Updated
OBV on-balance volume.
one of the best indicators. whenever OBV makes a new all-time high on weekly expect the price to follow next. this chart date back to 2012.
all OBV breakouts gave an early warning off the next bull market start. pretty cool
Currently, OBV on sideway since May drop until we break a new all-time high don't expect BTC to fly
Here is another interesting chart:
the past 2 bull market mid-cycle correction happened in between 1.618 - 1.236 fibs. these levels end up being the next bull market bottom.
the current bull market also has a mid-cycle correction at the same Fibonacci level. will this end up being the next bull market bottom? time will tell.
Another cool indicator: RHODL Ratio
This indicator uses a ratio of Realized Value HODL Waves.
In summary, Realized Value HODL waves are different age bands of UTXO’s (coins) weighted by the Realized Value of coins within each band.
The Realized Value is the price of UTXO’s (coins) when they were last moved from one wallet to another.
RHODL Ratio looks at the ratio between RHODL band of 1 week versus the RHODL band of 1-2yrs.
It also calibrates for increased hodl’ing over time and for lost coins by multiplying the ratio by the age of the market in a number of days.
When the 1-week value is significantly higher than the 1-2yr it is a signal that the market is becoming overheated.
The indicator is able to identify with great accuracy the price high of each of Bitcoin’s previous macro cycles.
It identifies the market top to within a few days accuracy.
RHODL ratio entering into the red band signals that the market is approaching the top of its cycle. This has historically been a good time for investors to take profits in each cycle.
Unlike other on-chain indicators, RHODL ratio does not give a false signal of a cycle high in April 2013. This gives it a unique advantage over other on-chain indicators.
according to this chart, we are not at the overheated area more like the 2013 mid-cycle correction
2022 looks promising :)
As always:
It’s not what I hope to happen or what I think might happen, I am just presenting to you the facts. I’m reading the facts in the charts to you and presenting to you the knowledge that you need to know to make more reasonable decisions. always do ur own research!
one of the best indicators. whenever OBV makes a new all-time high on weekly expect the price to follow next. this chart date back to 2012.
all OBV breakouts gave an early warning off the next bull market start. pretty cool
Currently, OBV on sideway since May drop until we break a new all-time high don't expect BTC to fly
Here is another interesting chart:
the past 2 bull market mid-cycle correction happened in between 1.618 - 1.236 fibs. these levels end up being the next bull market bottom.
the current bull market also has a mid-cycle correction at the same Fibonacci level. will this end up being the next bull market bottom? time will tell.
Another cool indicator: RHODL Ratio
This indicator uses a ratio of Realized Value HODL Waves.
In summary, Realized Value HODL waves are different age bands of UTXO’s (coins) weighted by the Realized Value of coins within each band.
The Realized Value is the price of UTXO’s (coins) when they were last moved from one wallet to another.
RHODL Ratio looks at the ratio between RHODL band of 1 week versus the RHODL band of 1-2yrs.
It also calibrates for increased hodl’ing over time and for lost coins by multiplying the ratio by the age of the market in a number of days.
When the 1-week value is significantly higher than the 1-2yr it is a signal that the market is becoming overheated.
The indicator is able to identify with great accuracy the price high of each of Bitcoin’s previous macro cycles.
It identifies the market top to within a few days accuracy.
RHODL ratio entering into the red band signals that the market is approaching the top of its cycle. This has historically been a good time for investors to take profits in each cycle.
Unlike other on-chain indicators, RHODL ratio does not give a false signal of a cycle high in April 2013. This gives it a unique advantage over other on-chain indicators.
according to this chart, we are not at the overheated area more like the 2013 mid-cycle correction
2022 looks promising :)
As always:
It’s not what I hope to happen or what I think might happen, I am just presenting to you the facts. I’m reading the facts in the charts to you and presenting to you the knowledge that you need to know to make more reasonable decisions. always do ur own research!
Note
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