Abhishek Yadav
@avis0r
Bull-Bear Market Cycle Indicator: ▪️The bull/bear market cycle indicator is a momentum metric. ▪️It measures the difference between the P&L Index and its 365-day moving average. ▪️Bull cycle - indicator above 0. ▪️Bear cycle - indicator below 0 and below its 365-day moving average. ▪️Most of the returns of bitcoin are made when the indicator is above 0 (bull market cycle). ▪️Prices enter into bear mode when the indicators switch from Bull to BEAR.
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