Signals: Bitcoin Healthy Market Confluence

This dashboard is designed to aide with identification of transitional periods out of a Bitcoin Bear, and back towards a more constructive and healthy upwards trend market. It seeks confluence between the following on-chain analysis concepts, aligned with improving network fundamentals:

1) 🟢 Spot Prices trading above key Pricing Models (both technical and on-chain)

2) 🟡 Increasing momentum in network utilization (higher on-chain activity, increased network congestion, more fee revenue)

3) 🔵 Market Profitability Returning (indicating seller exhaustion, profits are being taken and market is absorbing sell-side)

4) 🔴 Trends in Supply Distribution are positive (indicating that a high conviction holders are the dominant owners of the coin supply, and more coins are held in profit)

Hint: As a larger number of indicator bars signal align at the same time (confluence), the greater the probability that Bitcoin is experiencing a period of relative market strength.