Bitcoin RHodl 1m
The RHOLD 1-month ratio is a market indicator that takes the ratio between the HODL bands of the realized market cap, the price at which bitcoin was purchased, for one month.
When the RHODL ratio starts to approach the red band, it can indicate that the market is overheating, although over time the peaks have been decreasing in height.
Historically, this has been a good time for investors to take profits in each cycle.
Created by Philip Swift @positivecrypto