The BlockBeats news on August 29th, according to Lookonchain's post, five indicators can be used to observe whether BTC has reached the top: 1. The Rainbow Chart is a long-term valuation tool that uses a logarithmic growth curve to predict the potential price trend of BTC. The new BTC Rainbow2023 chart shows that BTC is still cheap; 2. Relative Strength Index (RSI) chart ≥ 70: BTC is in an overbought state and may soon decline. ≤ 30: BTC is in an oversold state and may soon pump. The current RSI is 61.87, compared to previous data, BTC does not seem to have reached its peak yet; 3. The 200-week moving average heat map shows that the current price point is blue, which means that the price top has not been reached yet, and it is the time to hold and buy; 4. Cumulative Value Days Destroyed (CVDD), when the BTC price touches the green line, the BTC price is undervalued, indicating that it is a good buying opportunity. The current CVDD shows that the top of BTC seems to have not been reached yet; 5. The annual average multiplier shows that the BTC price is between the red line and the green line. It has not touched the red line yet, and the market has not reached its peak yet.
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Phân tích: Năm chỉ số như đồ thị cầu vồng và chỉ số sức mạnh tương đối cho thấy BTC vẫn chưa đạt đỉnh.
The BlockBeats news on August 29th, according to Lookonchain's post, five indicators can be used to observe whether BTC has reached the top: 1. The Rainbow Chart is a long-term valuation tool that uses a logarithmic growth curve to predict the potential price trend of BTC. The new BTC Rainbow2023 chart shows that BTC is still cheap; 2. Relative Strength Index (RSI) chart ≥ 70: BTC is in an overbought state and may soon decline. ≤ 30: BTC is in an oversold state and may soon pump. The current RSI is 61.87, compared to previous data, BTC does not seem to have reached its peak yet; 3. The 200-week moving average heat map shows that the current price point is blue, which means that the price top has not been reached yet, and it is the time to hold and buy; 4. Cumulative Value Days Destroyed (CVDD), when the BTC price touches the green line, the BTC price is undervalued, indicating that it is a good buying opportunity. The current CVDD shows that the top of BTC seems to have not been reached yet; 5. The annual average multiplier shows that the BTC price is between the red line and the green line. It has not touched the red line yet, and the market has not reached its peak yet.