Four-Year Cycle Series (30)

When the indicator at the bottom of the chart is above 1.5, it corresponds to the complete bear market bottoming range in Bitcoin's history. Currently, the indicator value is 1.24. ┌── | Indicator Details ──┐ The black line at the top of the chart represents the BTC price. The indicator at the bottom of the chart is the ratio of the 'Bitcoin Long-Term Holder Spent Price' to the 'Bitcoin Short-Term Holder Spent Price.' Note: Spent Price refers to the average purchase price of Bitcoin sold by holders over a period of time (7 days in the chart).