5 Little Known Indicators To Detect Global #Bitcoin Market Bottoms.

bigrkg@newsletter.paragraph.com (bigrkg) — Mon, 30 May 2022 20:47:06 GMT

Historically, #Bitcoin Overbought and Oversold conditions, have coincided with Mayer Multiple values of 2.4, and 0.8 respectively.

Currently this Value is at 0.67.

Bitcoin Mayer Multiple Indicator

#Bitcoin Price Temperature (Bands) This measures the number of standard deviations that price has moved away from the 4-yr moving average.

The lower bound currently at $21300.

Previous Bear Market bottoms have formed there in the past.

Bitcoin Price Temperature Bands

#Bitcoin Asian premium to EU and US trading hours that has persisted for several weeks now.

This is notable because based on this it appears Asia has dominated the market for the last 2 years.

Bitcoin Premiums Geographically

#Bitcoin Price-to-Earning Ratio Network activity increased as more supply changed hands while the network shed value.

Bitcoin Entity Adjusted NVT

Total #Bitcoin Supply in profit held by short-term Holders.

Notice how the increase in the rate of change of the supply last active (6m-12m) coincided with significantly low short-term holder supply in profit and historically marks Bottom.

Bitcoin - Total Supply in Profit by STH