How To Find Market Tops And Bottoms With Onchain Indicators
Bitcoin has been a very volatile asset since the year of its inception
This comes with its cyclical nature of boom and bust cycles
many analysts have developed and tested a multitude of onchain indicators that tell the market’s top and bottoms
The core of such various indicators is being branched out through various complexities, from simple moving averages to momentum oscillators and on-chain signals
Bitcoin Investor Tool, the investor tool that helps define cyclical tops and bottom for long periods. This tool uses two simple moving averages to calculate the over and undervaluation of markets
Bitcoin Top Cap Model, This one is calculated by multiplying the Average cap by a factor of 35
The Onchain Pi-Cycle Top Model, The Pi Cycle Top, created by Philip Swift, works by contrasting the momentum of two moving averages
The Onchain Mayer Multiple, It is a calculation between the price and the 200-day moving average