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BTC Active Address Momentum (On-chain)

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This indicator shows the difference between the % change in BTC price and the % change in BTC’s active addresses (BTC’s utility value).

- Dark red: Extreme overbought conditions
BTC price is increasing too fast and outgrows the increase in its utility value
(RSI of % change difference > 70)

- Light red: Overbought conditions
BTC price is increasing too fast and outgrows the increase in its utility value
(RSI of % change difference > 60)

- Dark green: Extreme oversold conditions
BTC price is dropping too fast and outruns the decrease in its utility value
(RSI of % change difference < 30)

- Light green: Oversold conditions
BTC price is dropping too fast and outruns the decrease in its utility value
(RSI of % change difference < 40)

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