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Bitcoin Cycles Indicator
Bitcoin Cycles Indicator
The "Bitcoin Cycles Indicator" is designed to provide insights into the current market cycle of Bitcoin. It utilizes a combination of market cap real and total volume transfer to generate a visual representation of the market cycle.
Indicator Phases:
Cycle Lows (Green): Indicates potential low points in the cycle.
Under Valued (Aqua): Represents phases where Bitcoin might be undervalued.
Fair Market Value (Purple): Reflects periods considered to be at fair market value.
Aggressively Valued (Orange): Marks phases where Bitcoin might be aggressively valued.
Over Valued (Red): Suggests potential overvaluation of Bitcoin in the cycle.
Bitcoin Cycles can identify periods of increased risk when transaction behavior on-chain is indicative of major cycle highs. It also identifies areas of value opportunity where on-chain transaction behavior signals major cycle lows.
Historically, Bitcoin has exhibited cyclical behavior roughly every four years, coinciding with significant events known as "halvings."
While the historical correlation between Bitcoin's cycles and halving events is compelling, market dynamics are subject to change. Traders and investors should approach the market with a comprehensive strategy, incorporating multiple indicators and risk management techniques to navigate Bitcoin's evolving landscape.
The "Bitcoin Cycles Indicator" is designed to provide insights into the current market cycle of Bitcoin. It utilizes a combination of market cap real and total volume transfer to generate a visual representation of the market cycle.
Indicator Phases:
Cycle Lows (Green): Indicates potential low points in the cycle.
Under Valued (Aqua): Represents phases where Bitcoin might be undervalued.
Fair Market Value (Purple): Reflects periods considered to be at fair market value.
Aggressively Valued (Orange): Marks phases where Bitcoin might be aggressively valued.
Over Valued (Red): Suggests potential overvaluation of Bitcoin in the cycle.
Bitcoin Cycles can identify periods of increased risk when transaction behavior on-chain is indicative of major cycle highs. It also identifies areas of value opportunity where on-chain transaction behavior signals major cycle lows.
Historically, Bitcoin has exhibited cyclical behavior roughly every four years, coinciding with significant events known as "halvings."
While the historical correlation between Bitcoin's cycles and halving events is compelling, market dynamics are subject to change. Traders and investors should approach the market with a comprehensive strategy, incorporating multiple indicators and risk management techniques to navigate Bitcoin's evolving landscape.
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。