bitcoin:native Four-Year Cycle Total Engraving Series (43)

January 26, 2019: The indicator rose to 0.856 October 10, 2022: The indicator rose to 0.856 Current: The indicator rose to 0.856 ┌─ On-Chain Data Details ─┐ The gray line at the top of the chart represents the BTC price; The red line represents the average purchase cost of 6-12 month held coins on-chain; The blue line represents the average purchase cost of 1-2 year held coins on-chain; The indicator at the bottom of the chart is the ratio of the blue line to the red line.