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On Chain Indicator using Realized HODL Ratios to identify cycle high price tops. Note: this is a slightly modified version of a concept created by @100trillionUSD. Despite some volatility in price, bitcoin has risen 7% in the past seven days, trading in a range of between $27,000 and $30,000. Historically when the colors reach the orange/red range it has been a good time to sell Bitcoin as the market is overheating, while also Bitcoin's price has historically bottomed out around the 200 week moving average. If you want to create your own custom expression, you can enter the calculation directly into the expression field. 200 Week Moving Average Heatmap | LookIntoBitcoin For the best MarketWatch.com experience, please update to a modern browser. View of the percentage of coins HODL'd on the blockchain for over 1 year. To do this it uses multiples of the 350 day moving average (350DMA) of Bitcoin's price to identify areas of potential resistance to price movements. Published Tue, Apr 25 202311:04 AM EDT Updated Tue, Apr 25 202312:19 PM EDT. You can then enter a beginning and ending date range. You may toggle this setting on and off using the "Real-Time" check box at the top of the chart. Every investment involves risk. They are intended to highlight price movements, and can be helpful in spotting breakouts or finding support and resistance. By removing the element of time, a Kagi chart gives a clearer picture of what price is doing. The red line is the 21 EMA. If the Bitcoin (BTC) price against US Dollar is falling and OBV is flat-liningor rising, the price could be nearing the bottom. Of course past occurrences of this pattern does not guarantee it will happen in the future. Line Break: Similar to Renko and Kagi charts, a Line Break chart is not based on time, but instead they focus exclusively on price movement. The price of Bitcoin is currently above the 50-day SMA and this indicator has been signaling BUY for the last 49 days, since Mar 13, 2023.. Bitcoin price Simple Moving average (SMA) SMA is the average of the closing USD price of an asset - Bitcoin over a given number of periods. Potential buy signals occur when the MACD moves above zero, and potential sell signals when it crosses below zero. If today's close is less than the previous close, the bar is colored red. The battle between Grayscale and the SEC rages on, with Grayscale making their position crystal clear.The battle between Grayscale and the SEC rages on, with Grayscale making their position crystal clear. If Close is less than previous close, the bar is outlined in red. Fundamental data provided by Zacks and Morningstar. "The bulls have managed to push the price above the 50-day moving average, which is pointing up from $27,000 on Monday to $27,400," Alex Kuptsikevich, senior market analyst at FxPro, said in an email.