Bitcoin Liquid Index
Long

Bitcoin hash ribbons indicator has given good buy signals

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This is the BLX daily chart. The following are the 14 times in Bitcoin's history that have given buy signals as good opportunities to buy Bitcoin for long term accumulation:

12/21/11 Buy $3.89
6/19/12 Buy $6.49
2/7/13 Buy $22.04
1/28/15 Buy $234.61
5/6/15 Buy $229.86
5/17/15 Buy $236.49
6/18/15 Buy $249.02
1/9/19 Buy $4020.12
12/27/19 Buy $7245.33
4/23/20 Buy $7478.18
7/12/20 Buy $9306.71
12/2/20 Buy $19231.24
8/7/21 Buy $44635.65
8/19/22 Buy $20834.94

Assuming 1% average buy fees over the last 11 years and buying $1000 worth of BTC each time, your $14000 BTC investment would have bought 469.442 BTC. At the current $17648 price, your $14000 investment would now be worth $8,284,704.

The hash ribbons indicator hasn't given a buy signal yet, but probably will within the next month.

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