The only metric I look at is the ratio of avg. mining cost to price.
Rest is noise.
Discussion
How do you calculate average mining cost?
To be honest I’m 80 iqer 😂.
I just look at this metric. Whenever the ratio is above 1, I buy😂.
It always works.
https://en.macromicro.me/charts/29435/bitcoin-production-total-cost