The orange line is 200-day moving average is represented as a line on charts and represents the average price over the past 200 days or 40 weeks.
If we look at the chart 200DMA plays its role as resistance during the bear market and during a bull market, it acts as a support line.
The Mayer Multiple simply takes the ratio between the price and 200 days.
When...
Reserve risk shows us the risk-reward balance which correlates to the confidence and conviction of long-term holders. The ratio between the current price of the coin (intention to sell) and the reaction of long-term holders (opportunity cost of not selling).
When Reserse Risk is LOW, means that HODLer conviction is high and they refused to spend their coins,...
Hi all dear traders!
Today we are going to talk and explain the basic fundamental stuff about Bitcoin HODL Waves, some important key values and how the overall supply impact the market trend.
Let's start!
HODL Waves take the entire supply of coins by categorising it out by lifespan and then developing a series of age bands which could be 24 hours to a month...
