156 sats \ 3 replies \ @random_ 11 Aug 2022 \ on: I am Abubakar, AMA! bitcoin
Nice to meet you!
(Moved this question from your bio, because I saw you posted this AMA)
I was looking through your medium articles.
What do you think of the MVRV Z-Score indicator? It seems pretty similar to the Rising Bottom Ratio.
Hi, thanks for reading through my medium, I hope you found the pieces useful.
Regarding the MVRV Z-score, I haven't looked through it before now. It certainly does look like it expresses similar info to my RBR.
The main difference lies in the info both take into account, the RBR is also purely empirical. The whole point is that RBR is a basic ratio of the previous halving period's bottom price and the current price to give a more historical context to the current price from past information (i.e., the previous halving period).
It will only be a meaningful metric so long as the hypothesis holds true.
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Thanks!
What was your initial interest in describing this phenomena (RBR)?
Do you do any automated trading, etc?
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I do not and have never traded.
While writing the Recursive Capital Bitcoin Thesis in 2019, I was looking through different theories of the Bitcoin price, then after digging the hypothesis was born, after spending some time analyzing the prices (especially bottoms) across different halving cycles.
It became apparent that some information could be deduced from that. The metric has only been used in the Recursive Bitcoin dashboard (https://btc.rcrsv.xyz). Not sure if others have put to other use.
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