It is time for an update on the #Bitcoin risk metric, the flagship metric that I use to navigate Bitcoin! This risk metric does account for diminishing returns and allows people to better understand the instantaneous risk on Bitcoin at any point during the market cycle. Since this Bitcoin risk metric was created, we have watched the risk go to at little as 0.12 in March 2020 and as high as 0.94 earlier in 2021 when we entered that local top and distribution phase. TA Video by Benjamin Cowen.
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