As of 2026-09-23 the model's call is Hold BTC — holding bitcoin and keeping your regular buy going. Bitcoin is -30.9% from its all-time high, with a cycle score of -0.190.
Across three completed Bitcoin cycles it beat buy-and-hold in three of three (3.25x, 3.08x, 2.38x); this cycle so far it drew down -26.8% against -53.1% for holding. It also lost less than holding in 15/18 of the walk-forward folds tested; that count alone is a consistency check, not proof of timing skill (a no-timing portfolio at the same market exposure scores the same). On fold-by-fold return, the more informative test, it beat holding in only 12/18 — the edge is cycle-length, not month-to-month. The current cycle is still open: it reads 1.95x as of 2026-09-22, and an open cycle's multiple moves with the price. These figures come from a backtest, not from the live record; the live record is published in full on the call ledger.
Current call
Hold BTC
Model action
Hold
As of
2026-09-23
Cycle score
-0.190
Bitcoin price
$86,205
Below all-time high
-30.9%
Market state
EARLY_RECOVERY
Regime
bull
Alt-season index
35/100 — BTC Dominant
Macro composite
52
UNIFIED CYCLE NAVIGATOR (−26.8% drawdown vs −53.1% HODL, this cycle)
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RISK INDEX
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LOW RISK
0 Buy100 Sell
MARKET SCORECARD
SHORT (7d)
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MEDIUM (30d)
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CYCLE
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FLASH CRASH MONITOR
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—/6 indicators active
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YOUR ACTION PLAN powered by Cycle Navigator
QUICK DECISIONS
BUY MORE?
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TAKE PROFIT?
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USE LEVERAGE?
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ALTS OK?
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ALLOCATION GUIDE
BTC
ETH
ALTS
STABLES
ACTIVE TRIGGERS
⛏️ BTC Mining Production Cost
CYCLE FLOOR
Production Cost
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BTC Price
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Price / Cost Ratio
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Hash Ribbon
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Puell Multiple
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Diff. Ribbon
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Hash Price
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Network Hashrate
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Model Score
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CYCLE POSITION (Price vs Production Cost)
EXTREME BUY
FAIR
CAUTION
SELL
0.5x1.0x1.5x2.0x3.0x4.0x+
Bitcoin Dominance
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Ethereum Dominance
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Stablecoin Market Cap Share
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NUPL (BTC)
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MVRV-Z (BTC)
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Fear & Greed Index
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Model Backtest BTC 2012–Present
Shows what our model would have said at every point in BTC history.
Cyan/pink/lavender line = BTC price, colored by model reading.
Lavender line (right axis) = Model Score — a contrarian signal that goes UP at bottoms (buy opportunities) and DOWN at tops (sell signals).
Labels like "Heavy DCA" and "De-risk" show the model's recommendation at that moment. Check if the model was right by seeing what price did next.
Last 12 Months — Daily Detail Same model, zoomed in
Daily resolution view of the last year. Shows exact score transitions and zone labels at higher granularity.
Uses the same model logic as the full backtest above.
Out-of-Sample Accuracy the honest test
Not the in-sample cycle grades. This scores the model's read on every day against what price
actually did next, across the full history — point-in-time, no look-ahead. It answers: does a
higher model score actually precede better returns?
MODEL INTELLIGENCE
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Signal Performance
Accuracy by Regime
Cycle Event Accuracy
Backtest & calibration refresh daily
MODEL LEARNING TIMELINE
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Alt Season Meter
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SIGNAL BREAKDOWN
Action:--
BACKTEST VALIDATION REPORT CARD
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Price Projections 18-Month Forward
Four models predict where BTC price goes from here. Rose = Ensemble (accuracy-weighted consensus).
All values are projected USD price — line UP = price rises.
Cycle Projection
Composite Score (-1 bearish → +1 bullish). Score UP = favorable buying conditions, not price direction. This is a contrarian signal.
Composite:
BTC Price + Gaussian Channel
⛓️ DUNE ON-CHAIN ANALYTICS
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Exchange Flows
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Net flow direction
Whale Accumulation
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Top wallet activity
On-Chain CVD
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Buy vs sell pressure
Stablecoin Flows
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USDT/USDC supply delta
Market State Machine (Structural Indicators — component input to the Navigator; its DCA/leverage are this component's own opinion, not the tradeable plan)
DCA: --Leverage: --Risk: --Weeks in state: --Next check: --