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1/ I expect this $BTC bull market to end in the most extraordinary epic bubble our generation has ever seen.
But how will you know when to sell?
MVRV z-score is one of the indicators I& #39;ll use as a sell signal.
But how will you know when to sell?
MVRV z-score is one of the indicators I& #39;ll use as a sell signal.
2/ MVRV was invented by badass analysts @MustStopMurad & @kenoshaking, and refined by the beloved now-retired CT account Awe and Wonder.
It& #39;s a derivative of Realized Cap, created by @nic__carter & @khannib.
It& #39;s a derivative of Realized Cap, created by @nic__carter & @khannib.
3/ Selling the top of a historic parabolic advance will be an art and a science...and it will be gut-wrenching.
We& #39;ll have to stay rational, while everyone around us is in euphoria.
I will NOT use MVRV in isolation, and I won& #39;t sell all my $BTC all at once.
We& #39;ll have to stay rational, while everyone around us is in euphoria.
I will NOT use MVRV in isolation, and I won& #39;t sell all my $BTC all at once.
4/ But I will be prepared with a structured system, to optimize for the most important profit-taking event of my lifetime. Will you?
The top may feel like the distant future, but at some point you& #39;ll have to prepare for it.
The top may feel like the distant future, but at some point you& #39;ll have to prepare for it.
5/ Did you know when to sell in 2017? Most who read this did not.
If that includes you, then you might want to ride this train.
MVRV: http://charts.woobull.com/bitcoin-mvrv-ratio/
Gratitude">https://charts.woobull.com/bitcoin-m... to @woonomic for hosting this treasure...and for everything else you do.
If that includes you, then you might want to ride this train.
MVRV: http://charts.woobull.com/bitcoin-mvrv-ratio/
Gratitude">https://charts.woobull.com/bitcoin-m... to @woonomic for hosting this treasure...and for everything else you do.
6/ Follow up: I regret using the word & #39;bubble& #39; in this thread -- confusing choice of words.
All four BTC bull runs crashed ~80% afterwards -- all were massive *local* bubbles.
Big picture, BTC is not a bubble in any way, IMHO. It& #39;s the future.
All four BTC bull runs crashed ~80% afterwards -- all were massive *local* bubbles.
Big picture, BTC is not a bubble in any way, IMHO. It& #39;s the future.
One week later: MVRV z-score was taken down from the site I linked to. Not sure why. Disappointing.
I know another site that has it, but they& #39;re still in private beta. I& #39;ll add the link to this thread as soon as they launch.
I know another site that has it, but they& #39;re still in private beta. I& #39;ll add the link to this thread as soon as they launch.
And here it is:
https://www.lookintobitcoin.com/charts/mvrv-zscore/">https://www.lookintobitcoin.com/charts/mv...
https://www.lookintobitcoin.com/charts/mvrv-zscore/">https://www.lookintobitcoin.com/charts/mv...
