Dive into the world of cryptocurrency with a new perspective! 'Spent Lifespan Relative Value' (SLRV) is not just a fancy term—it's a lens into the age of coins transacted on the Bitcoin network. Explore how it differentiates the actions of long-term holders from those of short-term speculators. Discover the crucial role of the SLRV ribbons, the 30-day moving average, and the 150-day moving average, and how they offer a clear picture of market trends. What happens when the 30DMA is above the 150DMA? Or when it falls below? The answers to these questions and many more... lie just beyond your reach. Subscribe to Alpha to unlock the secrets behind understanding market sentiment through SLRV...
Decoding SLRV Ribbons and what they mean for Bitcoin’s price Decoding SLRV Ribbons and what they mean for Bitcoin’s price
SLRV ribbons send cautionary signals in Bitcoin market as long-term holders contemplate selling off.
2 min read
Updated: Sep. 6, 2023 at 1:44 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.