BTC【Seven Finger Cap Chart】Update, Current——
🔴 Bull Cap Indicator Value: $147,285
🟠 Bull Cap Indicator Value: $149,121
🟡 Bull Cap Indicator Value: $155,352
🟢 Bull Cap Indicator Value: $160,090
🔵 Bull Cap Indicator Value: $200,793
🟣 Bull Cap Indicator Value: $205,829
🟤 Bull Cap Indicator Value: $226,430
It is worth mentioning that points are awarded when the coin price breaks through the above 7 indicators (on a daily basis: if the coin price breaks through 0 indicators, score 0 points; break through 1 indicator, score 1 point; and so on for accumulation)——
In the bull cap period of 2013, total points were 129
In the bull cap period of 2017, total points were 103
In the first peak of 2021, total points were 101
Current total points are 0
Note:
🔴 The indicator is Std-Adjusted MVRV Price, which is derived based on the positive standard deviation of the Bitcoin MVRV indicator;
🟠 The indicator is Std-Adjusted STH-MVRV Price, which is derived based on the positive standard deviation of the Bitcoin short-term holders MVRV indicator;
🟡 The indicator is Fib-Adjusted Balanced Price, which is derived by scaling the Bitcoin balanced price using Fibonacci sequence multiples;
🟢 The indicator is Tradable Realized Price, which is derived based on the realized market cap and on-chain liquidity chips;
🔵 The indicator is Curve-Fitted Median MVRV Price, which is derived by fitting a curve (function) to the historical peak values of Bitcoin's median MVRV across cycles;
🟣 The indicator is Fib-Adjusted Miner Revenue Price, which is derived by scaling Bitcoin miners' dollar revenue from mining using Fibonacci sequence multiples;
🟤 The indicator is Fib-Adjusted Transferred Price, which is derived by scaling the Bitcoin transferred price using Fibonacci sequence multiples.