ABYSS Index
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What ABYSS read at every top and bottom

The best proof of a cycle indicator isn't a promise — it's the record. Here's what the ABYSS Risk (0–1) read at the REAL turns of the Bitcoin market, taken from our own series: high near tops, low near bottoms.

Average at tops
0.85
high risk
Average at bottoms
0.20
low risk
What ABYSS Risk read at each top and bottom

BTC cycle risk (0–1) at the real market turns, taken from OUR own historical series.

Top · Dec 20130.80
Top · Dec 20170.94
Top · Apr 20210.83
Bottom · Jan 20150.31
Bottom · Dec 20180.20
Bottom · Nov 20220.09

Near tops risk was high; near bottoms, low. In-sample scale (uses the full history); read it alongside other indicators, not as a crystal ball.

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How to read it (honestly)

The ABYSS Risk normalizes (0–1) price's distance to its long moving average: by construction it's high when price stretches far to the upside (tops) and low when depressed (bottoms). The scale is in-sample (it uses the full history), so this shows historical consistency, NOT a prediction. The November 2021 top came in softer due to the cycle's diminishing returns. Read it alongside other indicators, never as a crystal ball.

See the risk of all 22 assets →How the ABYSS Risk is computed →Compare it with ITC, Glassnode and more →