ilmscore | Top Crypto Indicators That Actually Work (Backed by Data!)

Predictions from this Video

Total: 10
Correct: 4
Incorrect: 1
Pending: 5
Unrated: 0
Prediction
Topic
Status
The MVRV z-score for Bitcoin has been in the lower mid-range since the start of 2024, indicating steady absorption and repricing rather than a typical retail meltup.
"Now, here is where things get interesting. Even as BTC's price has roared upwards and set fresh records this cycle, the Zed score hasn't screamed into the classic red extremes. It's been chopping around in the lower mid-range since the start of 2024."
BTC
Correct
The MVRV z-score for Bitcoin is not expected to behave exactly as it did at the 2017 or 2021 tops due to changes in market dynamics (e.g., ETF and treasury buying).
"That is a big reason why we don't expect the zed score to behave exactly like it did at the 2017 or 2021 top."
BTC
Pending
If the MVRV z-score for Bitcoin rapidly increases while ETFs and digital asset treasuries stall or reverse, it suggests potential froth due to a lack of strong institutional buying.
"So how do we read the zed score in practice right now? Well, if the Z score starts ripping higher quickly while ETFs and DATs are stalling or reversing, that smells like froth, that would mean the price is going up without the strong bid from big players that BTC has been enjoying this cycle."
BTC
Incorrect
The MVRV z-score is predicted to be a more reliable indicator for identifying clear bottoms in the Bitcoin market than for identifying tops.
"It'll likely be more reliable as a clear bottom signal than a top signal."
BTC
Pending
Hyperliquid is identified as the leading example of a sovereign app, being the most popular platform for on-chain futures trading within its own ecosystem.
"Hyperlid is the clearest example of this, being by far the most popular per deck for trading futures on chain, all confined to its own isolated ecosystem."
HPR
Correct
$4.5 billion worth of altcoin tokens are projected to be unlocked in September.
"September alone will see $4.5 billion unlocked across the altcoin spectrum."
Token unlocks
Pending
Leading cryptocurrency projects are increasingly opting to build on their own chains ('sovereign apps') rather than existing ecosystems like Ethereum.
"Increasingly, crypto sectors are seeing runaway leaders and they appear to be opting for sovereign apps."
Sovereign apps in crypto
Correct
In sideways markets, RSI near 30-40 or lower at support suggests a potential bounce, while RSI near 60-70 or higher at resistance suggests an exit opportunity.
"On the daily time frame, when price is near support and RSI cools towards the lower band around 30 to 40 or lower, we look for a bounce to get in. If price is near resistance with RSI hot, roughly 60 to 70 or more, we look to exit instead of chase."
RSI indicator
Correct
A squeeze in Bollinger Bands indicates a period of low volatility that often precedes a larger price move.
"When the bands squeeze, be wary. That is like a coil winding and a bigger move is likely brewing."
Bollinger Bands
Pending
A combination of RSI above 70 (overbought) and price touching the upper Bollinger Band suggests a potential selling opportunity, and vice versa for buying opportunities.
"If we see RSI heating up over 70 into overbought territory while price tags the upper band, that's a good spot to sell. The same is true vice versa."
RSI and Bollinger Bands combined
Pending