How reliable Bitcoin metrics identify trend and cycle extremes
Part 1: Result driven Bitcoin indicator comparison
How this knowledge can be utilized
Introduction
You might have asked yourself where is the bottom or top of Bitcoin price development?
You feel overwarmed by opinions and news noise sometimes?
Most of the time you can read different statements at the same time, where somebody has a reasonable explanation for the bottom, whereas somebody else has a reasonable point to claim the top has already been passed.
I hate situations like that.
In order to get rid of that I searched for ways to step back from market noise and get a robust indicator-based point of view.
What I found were different Bitcoin indicators.
This article series is about different Bitcoin indicators and how they can be used to identify tops and bottoms of a trend or even the whole cycles in bitcoin price development. While giving some explanation how those indicators work from the general point of view, its avoided to dive into the math.
(If you are looking for more detailed information about the indicators and how they are calculated I recommend to start with the links provided at the sources section at the bottom of this article.)
