13 Free Bitcoin Indicator Charts In One Place

A baby’s giggle, a loved one’s warm hug, the refreshing coolness of the water on a scorching afternoon, an endless view into the infinite sunset…some of the best things in life are free.

While the information I share in this article may not compare to these fabulous feelings, I am confident you will find value in my content. You will appreciate that you are reading something other than a Bitcoin go up or Bitcoin is going to crash article.

So first, let’s dive into the link and see how you can access some of the easiest-to-read and helpful charts to gauge where we are in the Bitcoin cycle. I may have forgotten to mention it, but the website is free. Here’s the link if you do not believe me: https://www.bitcoinmagazinepro.com/charts/bitcoin-investor-tool/

Why I Love This Link

1. I like free things.

2. The graphs rely on stats and history, filtering out the everchanging noise in the crypto market.

3. It supports my cognitive bias that Bitcoin is a great place to invest and that we have a lot of upside.

4. A lot of valuable content is in one space, and the content is completely free.

5. The charts are simple and intuitive for ordinary people like me. There’s no need to interpret anything beyond basic math and an understanding of colors.

My Favorite Charts

I like to click this link and check several of the 13 charts on the left weekly. I’m going to share some of my favorite charts. This is completely subjective, and you may find more value in other charts, and that is OK. I haven’t consulted with ChatGPT to find out which charts are the most important, and I encourage you to use your free will in deciding your favorite charts.

• Bitcoin 200-Week Moving Average Heat Map: I like how I can instantly see how far Bitcoin has extended beyond its 200-week moving average. When the indicator changes to yellow and red, the market has moved quickly, and it may be time to become more defensive. It is also interesting that Bitcoin only dropped below the 200-week moving average during the most recent bear market, so this indicator is a strong line in the sand. At the prior Bitcoin tops in 2014, the market peaked at 25x the 200 week; in 2017, Bitcoin peaked at 15x the 200 week, and in 2021, Bitcoin peaked at nearly 6x the 200 week. Today, we are at 1.62x the 200 week. 

• Bitcoin Pi Cycle Top Indicator: This is one of Bitcoin’s most accurate predictors. When Bitcoin goes above and then drops below the Pi Cycle Top, it continues dropping 100% of the time. This is valuable because it indicates when the market is looking toppy, and it may be time to reduce positions.

• Bitcoin Cycle Master: I like this chart because it has different price levels highlighting Bitcoin’s fair, aggressive, and extreme overvaluations. It also illustrates undervaluation and cycle low. Today, Bitcoin is trading within 10% of its fair value.

• Bitcoin Short-Term Holder Realized Price: This is a useful chart to identify when normie retail is entering the market. There are typically high disparities between the short-term holder's realized price and the trading price when retail is experiencing FOMO. This indicator didn’t predict perfectly in the last bull cycle, so tread carefully. However, the short-term holder realized price does effectively identify good entry points. 

Key Takeaways

It can be hard to put blinders on when investing in crypto. A million experts ‘magically’ call the markets right 100% of the time. In reality, one day, they will say markets are moving in one direction, and the next day, they will say markets are moving in the other direction. Once the markets have moved, they will refer to whichever prediction came true. 

I know some influencers don’t fit this description. However, these legitimate people often don’t have clickbait titles, drawing in people overcome with emotion. In return, the algorithm on websites punishes them and the assholes playing on emotion get the views and follower count.

Indicator charts like these can help us stay positioned in tough times and also recognize when it might be a good time to lighten our loads. Please clap if you believe these indicators will be helpful for you. Also, if you have any free and legitimate links or reference material, please share them in the comments. On the other hand, if you have an whatsapp number you want to share, please kindly shove it up your ass and do a backwards somersault into a pit of skunks.

I own Bitcoin and Bitcoin ETFs. This information should not be taken as investment advice. I am no more qualified to give financial advice than to navigate Lake Superior on a dark stormy night. Digital assets like crypto and NFTs involve risk, so you should always perform due diligence before investing.

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