The current indicator in the chart has dropped to 3.16
In 2014, this indicator fell from 3.16 to 1 over 285 days
In 2018, this indicator fell from 3.16 to 1 over 274 days
In 2022, this indicator fell from 3.16 to 1 over 296 days
The upper part of the chart shows the
#BTC price;
The middle part of the chart shows Bitcoin realized profit (365-day MA) and Bitcoin realized loss (365-day MA);
The lower part of the chart shows the ratio of Bitcoin realized profit (365-day MA) to Bitcoin realized loss (365-day MA), also known as the “Realized Profit and Loss Ratio (365-day MA)”
This ratio compares t