@IgorBelykh 1 July 2022 more from that month

Are we at the bottom or not? How to identify Crypto bottom with indicators In order to determine this, we can analyze some indicators that will help to understand what exactly is happening in the market. If we look at macro indicators, almost all of them are at historically low levels. And such low rates were only a few times in the entire history, and moreover, the duration of staying at these values ​​is calculated in units of days. If we look at history, such indicators previously meant the bottom of a bear market. 🔴Mayer Multiple ($23,380) - Calculated by dividing the Bitcoin price by the 200-day moving average. At the time of writing this post, the indicator was at around 0.6. Only 3.4% of all trading days in the history of bitcoin were closed below this level. 🟠 Realized Price ($22,500) - I analyze this indicator quite often, it shows the realized value of all coins. That is, indicates the average price paid for all coins. Only 14% of all trading days closed below the 🔵200 Week Moving Average ($22,390) - historically a very good support at the market bottom. Below it, only 1% of trading days were closed 🟢Balance Price ($17,980) - takes into account the destruction of coin-days and reflects the market price corresponding to the value that was paid for the coins, minus their selling price. Just 3% of trading days closed below 🟣 Delta Price ($15,750) - the difference between the Realized Price and the all-time average price. The price has never closed below this indicator in its entire history .Well, now the conclusion from all this: It is important to take into account the context of the entire world situation, and therefore this model will now be seriously tested. Since everything is now at its lows, all-time lows where the market has always bottomed in history, will this cycle be an exception? Or is everything really going according to plan and everything is working exactly as it should? Namely: the true bottom of the market occurs when everyone does not believe in growth as much as possible and has lost all desire to buy an asset. Ask yourself, how many days has the market been in a depression? Fear & Greed Index not coming out of Extreme Fear, analysts forecast much lower down to $4k, Robert Kiyosaki tweeted that he is waiting for bitcoin to drop to $1100. © CryptoGuru