1/🧵 Bitcoin Market Heating Up?

Introducing the Bitcoin Combined Market Index (BCMI) — a powerful on-chain tool to measure the real heat of the market. Here’s why it matters right now 👇

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BCMI combines 3 key on-chain signals:

📊 Sentiment

📥 Accumulation

🌐 Network Activity

It gives a holistic view of market conditions — beyond just price.

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On the chart:

⚪️ White line = BTC price (2018–2025)

🔵 Blue dashed line = BCMI index

🟥 Red horizontal line at 0.5 = neutral zone

Two moving averages (7D & 90D) help smooth the signal.

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🔺 Overheated Zone — Top band

Signals potential market euphoria, often a sign of overbought conditions.

🔻 Undervalued Zone — Bottom band

Reflects fear/capitulation — typically when smart money starts accumulating.

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5/

Right now, BCMI is sitting around 0.8 📈

This is deep in overheated territory — historically a level that precedes market cooldowns or corrections.

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⚠️ What does this mean?

It doesn’t guarantee a crash, but it does mean the market is extremely optimistic.

Caution and risk management become key at these levels.

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7/🧠 Final Thought:

BCMI isn’t magic — but it’s a great tool to cut through the hype and assess where we are in the Bitcoin cycle.

Right now, it’s telling us: things might be getting a bit too hot.

Stay sharp. #bitcoin #Crypto