Matt Rowe's avatar
Matt Rowe
npub16p6k...h3k6
Matt Rowe's avatar
mattrowsboats 3 years ago
Testing out a Bitcoin chart / uploading here. (1) URPD EA Carpet Contour Plot. LOTS of supply transacted (black/dark lava color) in this $16k - $24k range. image (2) These are HODL Wave MVRV lines (MVRV per age-cohort). These four cohorts are underwater still but close to breaking free. The cohorts are: 1y-2y, 2y-3y, < 2y, < 3y. image (3) My Aggregate Risk Metric image (4) Forward returns based on the risk metric. Not a lot of historical "guarantees" moving forward from here of positive returns after 180 days (not compared to when we were very low around $17k (lowest band below). image (5) LTH Cost Basis ~ we're getting close to a "breakout here" (or so it seems). And. As I've said, sample size of 3 ~ I'm skeptical that it's "guaranteed" to do so again (as most seem to posit). (h/t TXMC) image (6) 30 Day Trend of Entities position change. 10k-100k entities are offloading but look kind of scattered the last 30 days or so. image (7) Looking at a convergence/divergence of two entity cohorts stacking ~ no dark-blue on this continuation up at this point. Red would be bearish, dark-blue would be bullish (red ~ both are offloading and dark blue ~ both are stacking). h/t econometrics image