Disclaimer: Your capital is at risk. This is not investment advice.
The ByteTree Crypto Average (BCA) now scores 4 stars. The only missing piece is for the 280-day moving average to turn up, which should happen soon.
It is the equal-weight daily average price change for the top 100 tokens and is therefore a breadth indicator. The below chart shows BCA since 2015, with the background showing the star count. When the trend is positive, it is better to have higher exposure to crypto.
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We also see investors buying Bitcoin ETFs, as I highlighted on Friday. These two indicators demonstrate this is a good time to be involved in crypto, and I am delighted that ByteFolio is embracing tokens.