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SDCADATE UPDATED:Sep 15 2023Add date updated
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Add indicator name DON'T TOUCH THIS COLUMNWhy did you choose this indicator / How does it work / What is Positive Score and what is Negative ScoreInsert ScoresInclude source link for easy access
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Fundamental CategoryIndicatorResultCommentZ ScoreSource
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Fundamental IndicatorsCBBIValueThe CBBI is a comprehensive Bitcoin index that performs an advanced, real-time analysis of 9 crucial metrics to help identify the current phase of Bitcoin bull run and bear market cycles. This index provides a confidence score that helps to determine whether we are near the top or the bottom of a Bitcoin cycle.The confidence score indicates whether we are approaching the top/bottom of a blow-off Bitcoin cycle.Index of 0 would be 3 and -3 would be 100.1https://colintalkscrypto.com/cbbi/
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MVRZ Z-Score*High ValueThe MVRV Z-Score utilizes all data available on the blockchain. It uses realized prices instead of current market price, providing an indication of when long-term holders might be moving. When the z-score is in the green, it's a good time to buy (market bottom). When it enters the red zone, it signifies a market top, and it's advisable to take profits. For scoring: -3 top of red zone +3 at bottom of green zone3https://www.lookintobitcoin.com/charts/mvrv-zscore/
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Advanced NVT SignalNeutralAdvanced NVT Signal: This indicator gives us a unique perspective on Bitcoin's market value compared to the value of transactions taking place on the network. By considering the volume of investor activity on the blockchain, we valuable insights into market sentiment can be gained. This allows us to spot potential overbought or oversold conditions, Scoring: overbought -3 oversold +3.0https://www.lookintobitcoin.com/charts/advanced-nvt-signal/
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RHODL Ratio*ValueRHODL Ratio: The RHODL Ratio calculates the ratio between Bitcoin held for 1-2 years and Bitcoin held for just 1 week. This offers us insights into whether long-term or short-term investors are currently dominating the market. A higher ratio indicates bullish sentiment, as it suggests that the market is being driven by long-term investors. A high Advanced NVT Signal is associated with bearish sentiment / potential overvaluation of Bitcoin, it makes sense therefore to assign a negative score. 1https://www.lookintobitcoin.com/charts/rhodl-ratio/
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Puell Multiple*ValuePuell Multiple: The Puell Multiple provides an indication of whether the market is overbought or oversold. This is determined by dividing the daily issuance value of bitcoins (in USD) by the 365-day moving average of daily issuance value. It's a useful tool for identifying areas of accumulation (buying opportunities) and distribution (selling opportunities).Scoring: +3 highly oversold market condition, time to consider buying. 0 market is neutral. -3 overbought market condition.1https://www.lookintobitcoin.com/charts/puell-multiple/
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Technical IndicatorsBitcoin power law oscillatorHigh ValueThe Bitcoin Power Law Oscillator is a key instrument for Bitcoin valuation. It identifies Bitcoin's market trend and momentum, enabling informed buying and selling decisions. It uses historical data and the power law distribution, a concept applied in various fields, including finance, to calculate market momentum and trend. This oscillator provides a clear indication of whether Bitcoin is overbought or oversold, aiding investors and traders in making better decisions about when to buy or sell Bitcoin. A Z-score of -3 corresponds to high oscillator values, indicating an overbought market condition. A Z-score of 0 represents a neutral market condition, suggesting the market is neither significantly overbought nor oversold. A Z-score of +3 corresponds to low oscillator values, indicating an oversold market condition.2https://charts.bitbo.io/power-law-oscillator/
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Bitcoin VWAP RatioNeutralThe Bitcoin VWAP ratio is a valuable tool for Bitcoin valuation as it provides a highly accurate depiction of Bitcoin's market value. The VWAP ratio takes into account the price and volume of Bitcoin traded across various exchanges, offering a comprehensive view of market conditions. This is particularly important for a highly volatile asset like Bitcoin, where prices can significantly fluctuate between exchanges and over short time periods. By using the VWAP ratio, analysts and traders can make better-informed decisions, understanding the true value of Bitcoin. A Z-score of -3 corresponds to situations where the price of Bitcoin is above the VWAP, indicating an overbought market condition. A Z-score of 0 represents a neutral market condition, suggesting the market is neither significantly overbought nor oversold. A Z-score of +3 corresponds to situations where the price of Bitcoin is below the VWAP, indicating an oversold market condition.
0https://www.tradingview.com/script/Y17Db8kX/
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Rainbow Price ChartHigh ValueThe Rainbow Chart uses colors to show when the market is likely overheated. Warmer colors indicate potentially good times to take profits, while cooler colors signal depressed market sentiment and potentially good times to accumulate more Bitcoin. Scoring -3 market is extremely overheated, not a favorable time to buy Bitcoin. 0 market is relatively neutral, neither overheated nor oversold.
+3 market is showing signs of being in a cool, potentially oversold state, a good time to consider accumulating Bitcoin.
3https://www.lookintobitcoin.com/charts/bitcoin-rainbow-chart/
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Mayer Multiple*No ValueThe Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames. If the multiple goes above the mean of the data it is overbought, and if it's under the mean it's oversold. Scoring: +3 significantly below the mean, Bitcoin heavily oversold, good time to buy.
0 Mayer Multiple is close to the mean, neutral state, no strong signals to either buy or sell.
-3 well above the mean, Bitcoin is overbought, not an ideal time to buy.
-2https://charts.woobull.com/bitcoin-mayer-multiple/
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200W BTC Heat MapHigh ValueThis indicator displays a heatmap of Bitcoin's price movements over a 200-week period.It offers a visual representation of Bitcoin's long-term price patterns, aiding in the assessment of market trends. A Z-Score of +3 is assigned for bullish patterns (dark blue), indicating potential buying opportunities, while a score of -3 (bright red) is assigned for bearish patterns, suggesting caution or potential selling opportunities for holders.2https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/v
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Sentiment IndicatorsSentix BTC SentimentValueThe sentix Sentiment, investors one month expectations for a given market, reflects the emotions between greed and fear of market Sentix BTC Sentiment reflects market participants' one-month expectations for Bitcoin.
It gauges market sentiment, indicating whether investors are optimistic or fearful. Scoring: +3 in the green zone bullish. -3 pink zone bearish
1https://www.crypto-sentiment.com/bitcoin-overconfidence-index
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AASINeutralAASI Active Address Sentiment Indicator. By comparing the 28D change in price (%) with the 28D change in active addresses (%) in short, it analyses peoples' interest in BTC. Scoring: minus percentiles -3, upper percentiles +3. When out of boundaries value measured visually by Z-scoring " 0https://www.lookintobitcoin.com/charts/active-address-sentiment-indicator/
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FEAR AND GREED INDEX*ValueThe Fear and Greed Index measures trader sentiment, ranging from extreme fear to extreme greed.
Why Choose: It provides a clear sentiment indicator, aiding in market sentiment analysis.
Z-Score: +3 for extreme fear, -3 for extreme greed.
0.5https://alternative.me/crypto/fear-and-greed-index/Gauge will update according toValue Avg Score
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Bitcoin sentiment – Bull & Bear IndexNo ValueBitcoin sentiment - Bull and Bear Index plots graphically how bullish/bearish conversations around Bitcoin are on social media. Scoring: -3 is extreme bearish, +3 is extreme bullish. The data is collected from Twitter, Reddit and Bitcointalk and updates every hour. -2https://www.augmento.ai/bitcoin-sentiment/
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Bitcoin: Price Forecast ToolsHigh ValueI selected this as a sentiment indicator due to its capacity to capture market sentiment grounded in blockchain data, reflecting actual user behavior. Z-scoring was applied to provide a quantified measure of sentiment, giving a more intuitive understanding of whether the prevailing sentiment is bullish (+3) or bearish (-3) using the balanced price as the measure by which we assess where sentiment might be headed.2https://www.lookintobitcoin.com/charts/bitcoin-price-prediction/
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Avg Z Score0.83Value
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DON'T TOUCH THESE - THEY WILL POPULATE AUTOMATICALLY
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BTC Correlation Table15D30D90D120DAverageTo update every Sunday
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SPX0.840.260.910.950.74
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NDX0.940.930.790.840.875
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DXY-0.71-0.79-0.55-0.62-0.6675
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GOLD0.870.880.39-0.170.4925
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10Y-Y0.41-0.47-0.35-0.63-0.26
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VIX-0.12-0.63-0.61-0.49-0.4625
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Risk Parity Weights
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Average Weights
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