🚨Bitcoin Investors, Take Note: Reserve Risk Can Signal Big Moves🚨

Looking for insights into #Bitcoin market sentiment? The Reserve Risk indicator might be your new best friend. This metric analyzes the price of Bitcoin relative to the conviction of long-term holders . Here's the gist:

Low Reserve Risk: Historically, periods with low Reserve Risk have coincided with significant $BTC price increases. This suggests strong HODLer conviction and a potential buying opportunity.

High Reserve Risk: Conversely, high Reserve Risk might indicate a market top approaching. When the price is high and HODLers are less convinced, it could signal a potential sell-off.

How Does Reserve Risk Work?🤔

Reserve Risk is essentially the price of #BTC divided by the HODL Bank metric. The HODL Bank reflects the cumulative "unspent opportunity cost" of long-term investors, essentially measuring their confidence in holding.