This indicator calculates the risk of buying and selling BTC, if the risk is reaching the upper boundaries of 0.8 to 1 then BTC is either getting close to a market cycle top or is far over extended.
If BTC is below 0.4 then this inidicates the least amount of Risk to buy BTC.
Hi, thank you for this chart, have been looking for it for pretty long time. How do updates work? My risk metric chart is stopped back then on 5th October :-)