Traditional Bitcoin bull market indicators have proven ineffective in the recent cycle, prompting analysts to seek new predictive models. Popular tools like the Delta Top, Terminal Price, and Top Cap failed to trigger, raising questions about their relevance in Bitcoin's evolving market structure. The MVRV Z-Score, a key overheating indicator, also underperformed, suggesting a need for recalibration to a 6-month rolling basis for better sensitivity.
Activity-based metrics, such as Coin Days Destroyed, are being adjusted to react more quickly to market dynamics, with a 30-day moving average now providing more timely insights. Similarly, the SOPR indicator is being refined with a 28-day moving average to reduce noise and better identify local tops. Analysts emphasize the importance of adapting these tools to current market conditions rather than relying on static models, aiming to improve their accuracy in predicting Bitcoin's market phases.
Bitcoin Bull Market Indicators Fail, Prompting Calls for New Predictive Models
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