MFI (Money Flow Index) period adjustment. The default setting is 14-periods, but this can be adjusted to suit analysis needs. A shorter timeframe makes the indicator more sensitive. A longer timeframe makes it less sensitive.
Given the less sensitive, the extreme measure are more prone to real Money Flow.
Bitcoin Cycle MFI Lows
Observe the MFI Period at 50 for smooth sensitive on the weekly.
- 2012 $3 difference from cycle low ($2 -$5) reading of 40.05
- 2015 Cycle low triggered from MFI reading of 39.54
- 2018 Cycle low (2 week variance) triggered again from MFI a reading of 39.44
- 2022 MFI just triggered another 39.03
Note: 2018 had bullish divergence on the proceeding 2 weeks after 39.44 reading printed.
- Average reading of 39.5125 over the years
Given the less sensitive, the extreme measure are more prone to real Money Flow.
Bitcoin Cycle MFI Lows
Observe the MFI Period at 50 for smooth sensitive on the weekly.
- 2012 $3 difference from cycle low ($2 -$5) reading of 40.05
- 2015 Cycle low triggered from MFI reading of 39.54
- 2018 Cycle low (2 week variance) triggered again from MFI a reading of 39.44
- 2022 MFI just triggered another 39.03
Note: 2018 had bullish divergence on the proceeding 2 weeks after 39.44 reading printed.
- Average reading of 39.5125 over the years
Comment:
MFI at 50 level has now printed a new lower low at 35.34. This has now marked a super low reading from the entire BTC history.
Comment:
About time I did an update on this Chart considering we have gone much lower on MFI and in price, however the MFI on 50 Smooth has now only preceded to go upwards ever since 24th of Oct 2022. Interesting, looking back in history how this played out...
Comment:
On top of this the MFI has printed the lowest it ever has, a reading of 36.54
