Continued ATH!! BTC breaks through 93K Can you still buy BTC? Should you chase the rally or clear out? 12 indicators tell you tldr: Keep buying! In this article, we have compiled 12 different data information: from the performance of the options market, futures market, prediction market, ETF four markets, plus RSI, 2-Year MA Multiplier, Z-Score, NUPL, AHR 999... x.com/i/web/status/18567358457...

1️⃣ Predictive indicators: options market (Option), futures market (Future), Polymarket event prediction market 2️⃣ Trading point indicators: RSI relative strength indicator, 2-Year MA Multiplier buy the dips and top indicator, Z-Score Bitcoin fair price indicator, NUPL panic greed indicator, AHR 999 currency index 3️⃣ Traditional financial market indicators: Cryptocurrency ETF trading data 4️⃣… x.com/i/web/status/18567358587...

Bitcoin options market: Bullish continues, bet 100,000 before the end of the year According to the latest data, trading volume in the Bitcoin options market has exceeded all-time highs, showing that investors are actively paying attention to the future trend of Bitcoin prices. Especially from @DeribitExchange Judging from the option data expiring on December 27 this year, we can see that the price of Bitcoin options on the market shows an obvious "bullish" trend, especially on 9... x.com/i/web/status/18567358710...

Polymarket event prediction market: 78% chance of exceeding 100,000 before the end of 2024 As currency prices continue to hit new highs today! Of course, more people are bullish on Polymarket.

The current RSI indicator value of Bitcoin is nearly 76.25, which shows that it is slightly overbought but has not reached above 80 or 90, such as the peak of one of the bull markets in 2021, indicating that the current price may not have peaked yet. 2-Year MA Buy the dips indicator: There are still more than 100,000 to go before overheating. The current price of Bitcoin is still nearly double the distance from the current 2-Year MA x5 value, which is 200,000.

Z-Score Bitcoin fair price indicator: the value is more than double the distance from overheating Bitcoin’s current Z-Score value (orange line) is just shy of 3, which is clearly still some way away from hitting the overheated red zone above 7.

NUPL Panic and Greed Indicator: The value is still more than 10% away from overheating Bitcoin’s current NUPL value is nearly 62%, which is in the greedy but not yet extremely greedy zone, and is still a short distance from the 73% before the 2021 bull market peak.

Ahr999 currency index: currently 1.34, not overheated yet, just a little beyond the fixed investment line The current Ahr999 value of Bitcoin is about 1.34, which is only slightly beyond the fixed investment range and is still several times away from the value of more than 6 in the last bull market.

Bitcoin ETF trading volume: trading volume is far less than the peak in March and April The most recent single-day trading volume of Bitcoin was nearly 8 billion U.S. dollars, and the average trading volume on other days was about 3 billion U.S. dollars. Compared with the previous round of new highs in March and April, there were many days of more than 9 billion U.S. dollars. to touch $12 billion in trading volume. Therefore, judging from the trading volume alone, the market may not be at its hottest yet.

Bitcoin ETF holdings: net inflows are much greater than net outflows, indicating continued bullishness in the market The current total holdings of Bitcoin ETFs are about $94 billion, which has surpassed the previous high of more than $63 billion, indicating some degree of bullishness.

4. Behavior indicators of miners and holders: MPI average selling indicator of miners, aSOPR holder profit and loss indicator MPI miner average selling indicator: the current value is 1.25, which is not as good as the peak in March and April The current MPI value of Bitcoin is about 1.25, compared with the normal 1.5 or even 2.4 during the last price peak period in March and April... x.com/i/web/status/18567359940...

aSOPR holder profit and loss indicator: Most investors make profits, but not as high as the peak in March and April The current aSOPR value of Bitcoin is about 1.09. Although it means that most investors are in a state of profit, compared with the normal values of 1.2 and 1.3 during the last price peak in March and April, it may still be less than the majority of investors. They are all planning to take profits.

In summary, can I still buy Bitcoin now? In summary, based on the above indicators, it can be seen that the current market sentiment is indeed optimistic, but it is far from reaching the overheating stage. Various signs show that Bitcoin definitely still has room to rise. So the answer is: you can buy it! Read the full article:

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