System Overview
The Bitcoin Value Range System (BVRS) uses more than 10 of the best on-chain indicators out there in order to determine cycle peaks and troughs.
All indicators utilized have been transformed and normalized, with the goal to maximize the signal of each individual component.
How To Use This System
When the BVRS value approaches the red dotted band, it may indicate that the market is overheating. Historically, this has been a good time for investors to consider taking profits.
Similarly, when the BVRS value approaches the green dotted band, it suggests that market sellers are nearing exhaustion. This is generally a good buying opportunity for investors.
Created By
Alpha Extract in April 2024