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BTC: aMVRV Overheated Signal

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BTC: Adjusted Market Value to Realised Value (aMVRV) Overheated Signal

Calculation:
Adjusted MVRV is calculated by the 30 day moving average divided by the 365 day moving average of MVRV.

Function:
When the aMVRV is above the upper threshold line (default = 1.4), this signals an overheated market of unrealised gains. This may indicate that market participants are more likely to start taking profits.

Best Use:
On the 1D Chart. Used in combination with a variety of other tools for analysis to identify overheated market conditions.

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