Nine on-chain metrics
One score

The CBBI aggregates nine independent on-chain metrics into a single composite score between 0 and 100. Each metric has shown predictive patterns near cycle tops and bottoms. As Bitcoin matures and adoption grows, no single metric is definitive — but combined, they remain effective. The composite is designed to reduce noise.

26 / 100
Composite Score
ACCUMULATE
Current Signal
$60,841
BTC Price
19 — Extreme Fear
Fear & Greed
The 9 Metrics
01
Pi Cycle Top

Tracks two moving averages. Historically signals cycle tops when they cross.

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02
RUPL / NUPL

Measures unrealized profit/loss across all Bitcoin holders.

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03
Puell Multiple

Daily miner revenue x annual average. High values = sell pressure.

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04
Stock-to-Flow

Compares existing supply to new issuance rate. Models long-term price.

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05
2-Year MA Multiplier

Tracks price relative to 2-year moving average. Identifies macro extremes.

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06
Trolololo Trend Line

Long-term logarithmic regression band. Flags deviation from trend.

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07
MVRV Z-Score

Market value vs realized value. A high Z-score historically indicates an overheated market.

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08
Reserve Risk

Confidence of long-term holders vs current price. Low = good risk/reward.

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09
Woobull Tops

On-chain network valuation model tracking price deviation.