BTC Four-Year Cycle Series #49

March 2012: Blue-Orange Cross July 2015: Blue-Orange Cross April 2019: Blue-Orange Cross January 2023: Blue-Orange Cross Current: Blue-Orange has crossed ┌─ Indicator Details ─┐ The blue line represents the ratio of the 'average cost of coins held by long-term holders on-chain' to the 'average cost of coins held by short-term holders on-chain'; the orange line is the 60-day MA of the blue line. Historically, the Blue-Orange Cross often signals the end of a bear market and the start of a bull market.