On-Chain Bitcoin Market Cycle Indicators

On-Chain Bitcoin Market Cycle Indicators


The under is from a latest version of the Deep Dive, Bitcoin Journal’s premium markets publication. To be among the many first to obtain these insights and different on-chain bitcoin market evaluation straight to your inbox, subscribe now.

In today’s Daily Dive, we will cover some of the key on-chain cycle indicators and what they tell us about where we are at in the market. All of the indicators today leverage a percentile analysis, looking at current values over historical percentiles, to show when indicators suggest when the market is bottomed, topped, neutral or in between.

Across the approximately 20 on-chain cycle indicators we track, on-chain shows a neutral to bullish market setup. Yet, we know that on-chain, macro and derivatives all play a role in bitcoin’s growth trajectory, especially with high bitcoin risk-on equities correlations right now.

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