ilmscore | Bitcoin: Percentage of Supply in Profit/Loss

Bitcoin: Percentage of Supply in Profit/Loss

Published: 2024-12-09
Status: Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
When Bitcoin's percentage of supply in profit falls below 50%, it's a historically reliable signal to buy BTC.
"what you'll notice is that anytime the percentage of Supply in profit goes below 50% historically it's a good time to buy Bitcoin"
BTC
Pending
When the 30-day Simple Moving Average of Bitcoin's percentage of supply in profit drops below 60%, it signals a potential market cycle low.
"you could argue that any time it it goes below 60 the 30-day SMA you should at least begin the conversation um as to whether the low is actually in or not"
BTC
Pending
A weekly Relative Strength Index (RSI) for Bitcoin below 30 typically indicates a cycle bottom, while an RSI above 70 is not a reliable indicator for a cycle top.
"when the weekly RSI for Bitcoin is below 30 it tends to be near a cycle bottom but whenever it goes above 70 it doesn't necessarily mean it's at a cycle top"
BTC
Pending
When the percentage of Bitcoin's supply in profit and its 30-day Simple Moving Average cross, it's historically a good time to buy BTC.
"but whenever these two indicators cross each other that historically has been a good time to buy Bitcoin"
BTC
Pending
When the percentage of Bitcoin supply in profit falls below 50%, it indicates a good buying opportunity.
"anytime the percentage of Supply in profit goes below 50% historically it's a good time to buy Bitcoin"
BTC
Pending
When the 30-day Simple Moving Average (SMA) of the percentage of Bitcoin supply in profit drops below 60%, it suggests a potential market low.
"any time it it goes below 60 the 30-day SMA you should at least begin the conversation um as to whether the low is actually in or not"
BTC
Pending
A weekly Relative Strength Index (RSI) for Bitcoin below 30 typically signals that the market is near a cycle bottom.
"when the weekly RSI for Bitcoin is below 30 it tends to be near a cycle bottom"
BTC
Pending