ABYSS Index
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ABYSS Index vs Into The Cryptoverse: the transparent, free alternative

Benjamin Cowen's Into The Cryptoverse popularized the “Risk Metric” (0–1) to place Bitcoin in its cycle. It's excellent work, but paid and with a closed formula. The ABYSS Risk applies the same idea —a 0-to-1 cycle risk— with an open, versioned formula, across 22 assets, free at its core, and with the data free to cite and redistribute.

BTC's ABYSS Risk right now
0.18very low risk (floor)0 = floor · 1 = top

Side-by-side comparison

ABYSS IndexInto The Cryptoverse (Benjamin Cowen)
PriceCore free, foreverPaid subscription (premium plan)
0–1 risk metricYes (ABYSS Risk)Yes (Risk Metric)
Formula transparencyOpen, versioned formulaProprietary methodology (not fully published)
Data redistributionOwn data, free to cite and redistributeSubscription-gated content
Asset coverage22 assets (BTC + major alts)BTC + many alts
Own on-chainOn-chain from our own nodeIn-house analysis (paid)
Public backtestPublished out-of-sample backtestVideo analysis
Personal alertsYes (email, in Pro)Plan-dependent
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.

In fairness

Where Into The Cryptoverse is better: it has a huge community, daily video analysis and years of track record and macro education that a data site doesn't replace. If you want an educational channel with a human voice, it's a great option. ABYSS is the transparent, free data layer you can cite and automate.

Frequently asked questions

Is the ABYSS Risk the same as Cowen's Risk Metric?

They share the idea: a 0-to-1 number placing the asset in its cycle (0 = floor, 1 = top), based on price's distance to its long moving average. ABYSS's implementation and constants are our own and are published; it is not the same indicator nor affiliated with Into The Cryptoverse.

Is it really free?

The core —ABYSS Score, ABYSS Risk for 22 assets, on-chain and charts— is free and will stay free. The optional Pro plan adds personal alerts, an unlimited copilot and more.

Is this financial advice?

No. ABYSS Index provides information and historical context for educational purposes; it is not financial advice. This comparison is factual and for informational purposes.

See the risk of all 22 assets (free) →How the ABYSS Risk is computed →See all comparisons →