Four-Year Cycle Total Engraving Series (26)

The current indicator has risen to 0.65 In 2014, this indicator rose to 0.65, and 91 days later, the black line death-crossed the red line. In 2018, this indicator rose to 0.65, and 94 days later, the black line death-crossed the red line. In 2022, this indicator rose to 0.65, and 98 days later, the black line death-crossed the red line. ┌── | Indicator Details ──┐ The gray line at the top of the chart represents the BTC price; The black line represents the average purchase cost of short-term Bitcoin holders (holding for <6 months); The red line represents the average purchase cost of holders who have held for 6 months to 10 years. The indicator at the bottom of the chart is the ratio of the black line to the red line.