Bitcoin investing can range from simple to complex, but free metrics can furnish investors with critical analytical tools. The Realized Cap HODL Waves provides insight into new market entrants and can signal buying or selling opportunities. The Puell Multiple indicates miner revenue trends, helping to identify undervalued phases in the market. The MVRV Z-Score serves to highlight potential overvaluation or undervaluation cycles, reinforcing its utility alongside other metrics to guide investment strategies.
The Realized Cap HODL Waves metric analyzes the realized price and breaks it down by age bands, providing insights into market trends based on investor behavior.
The Puell Multiple gauges miner sentiment by comparing their current daily revenue against a one-year average, indicating periods of potential undervaluation.
The MVRV Z-Score standardizes the ratio between market value and realized value, indicating when Bitcoin is overvalued or undervalued in cycles.
These metrics enable investors to make informed decisions, utilizing on-chain data to remove emotional biases and improve investment strategies.
Collection
[
|
...
]