Onchain Alpha offers a unique Bitcoin bottom indicator, Joao Wedson notes

Onchain Alpha offers a unique Bitcoin bottom indicator, Joao Wedson notes
Onchain Alpha introduces Bitcoin bottom metric

Joao Wedson describes Onchain Alpha as the ultimate metric for identifying historical bottoms for Bitcoin. According to Wedson, Alphractal's version of this metric differs from others because its formula does not rely on a fixed variable, with an adjustment made by @arch_physicist.

Wedson has previously analyzed how positive year-over-year high-yield bond yield changes have coincided with Bitcoin market bottoms. He also noted that Ethereum’s current downturn is now the second longest bear market in the network’s history. These observations add context to his latest focus on historical bottom metrics.

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