The NUPL (Net Unrealized Profit/Loss), RP (Realized Price), and to a lesser extent, the CVDD (Coin Value Days Destroyed) are getting close to triggering. The last time a few top indicators on the BTI got close to triggering, we had a pullback. I think we see a continued rally near-term, but then a pull-back to cool off the indicators before they fully trigger...but what do I know?
Notice that the risk has not yet reached 7, where the previous pull back occurred, but it is very close. Let's see if we are in a 2017 or a 2020-type cycle.
Note: Extrapolating to a BTC cycle top is very difficult, but I think the BTI is the best shot I can come up with to do that. Using the risk value and the triggers of multiple top indicators should allow us to get close.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.