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Biturai Trading Wiki
The Biturai crypto encyclopedia: AI-assisted, data-informed, and continuously quality-audited.
Bitcoin 1+ Year HODL Wave: Unmoved Supply Analysis
The 1+ Year HODL Wave quantifies the portion of Bitcoin's supply that has remained unspent for over a year.
Coin Age Bands: Deconstructing Bitcoin Supply by Holding Duration
Coin Age Bands categorize Bitcoin's supply by how long each coin has been dormant, revealing holder behavior and market sentiment.
Realized HODL Ratio as a Cycle Top Indicator
The Realized HODL Ratio (RHODL) is an on-chain metric that helps identify potential market tops in Bitcoin cycles.
RVT Ratio: Realized Cap to Transaction Volume Explained
The RVT Ratio is an on-chain metric that compares a cryptocurrency's Realized Capitalization to its on-chain Transaction Volume.
NVT Golden Cross: Identifying Overbought and Oversold Conditions
The NVT Golden Cross is an on-chain indicator that helps assess whether a cryptocurrency is overbought or oversold by comparing its market capitalization to its transaction volume.
NVT Signal: The Smoothed Variant of the NVT Ratio
The NVT Signal (NVTS) is an on-chain metric that adapts the original NVT Ratio by smoothing transaction volume data. It helps assess whether a cryptocurrency's market valuation is supported by its underlying network activity.
Puell Multiple: Identifying Bitcoin Market Tops and Bottoms
The Puell Multiple is an on-chain metric that tracks Bitcoin miner profitability to identify potential market tops and bottoms.
HODL Bank: The Opportunity Cost Component of Reserve Risk
HODL is a long-term cryptocurrency investment strategy where assets are held despite market fluctuations.
Reserve Risk Explained: Assessing Long-Term Holder Conviction
Reserve Risk is an on-chain indicator that evaluates the risk-reward balance for long-term cryptocurrency holders. It helps gauge the confidence of investors who are willing to defer selling their assets.
Median Spent Output Lifespan (MSOL) Explained
The Median Spent Output Lifespan (MSOL) measures the median age of all spent transaction outputs within a specific timeframe. This metric offers insights into whether older or newer coins are predominantly being moved on the blockchain.
Average Spent Output Lifespan (ASOL) Explained
Average Spent Output Lifespan (ASOL) is an on-chain metric that measures the average age in days of all spent transaction outputs within a specific timeframe.
Dormancy Flow: Assessing Bitcoin Value Through Coin Age and Money Movement
Dormancy Flow is an on-chain metric that evaluates Bitcoin's market cycles by analyzing the movement of older coins relative to the total market capitalization.
Average Coin Dormancy: Insights into Holding Behavior
Average coin dormancy measures how long spent coins remained inactive, revealing the behavior of long-term investors. High dormancy suggests older coins are moving, potentially signaling profit-taking or increased selling pressure.
Value Days Destroyed (VDD) Multiple Explained
The Value Days Destroyed (VDD) Multiple is an on-chain metric used to identify periods when Bitcoin's price may be overheating, often ahead of major cycle tops.
Supply-Adjusted CDD: Analyzing Long-Term Holder Movements
Supply-Adjusted CDD is an on-chain metric that normalizes the movement of dormant cryptocurrency, providing insight into the behavior of long-term holders.
Binary CDD: When Dormant Coins Become Active
Binary CDD is an on-chain metric that reveals when long-dormant cryptocurrency coins begin to move, indicating a shift in the behavior of long-term holders.
Understanding Spent Output Value Bands in Bitcoin Analysis
Spent Output Value Bands (SOVB) categorize spent Bitcoin transaction outputs by their monetary value, offering insights into market participant behavior.
Realized Loss Explained: A Potential Market Bottom Signal
A realized loss occurs when an asset is sold for less than its original purchase price, representing an actual financial loss.
Realized Profit Explained: When On-Chain Gains Are Realized
Realized profit refers to the actual financial gain or loss an investor experiences when they sell a cryptocurrency asset for a price different from its purchase price.
Net Realized Profit/Loss Explained
Net Realized Profit/Loss (NRPL) quantifies the total profit or loss that all market participants have actually locked in by selling or moving their cryptocurrencies on-chain.