Stretched valuation, coins leaving exchanges
Entered 2020-11-08 · exited 2020-11-30
Drivers, at the time
- MVRV2.2698 · 76th pct
- Net exchange flow (30d)-91,028.9193
- Exchange reserve Δ (90d)-305,560.276
- Realized volatility (30d)0.5457 · 37th pct
What the panel said at the time
Pre-snapshot: computed. This period entered before the daily Read snapshot began (2026-09-21) - the drivers above are the classifier's own recorded values for that day, computed after the fact from this same regime_transitions row, not a stored point-in-time Read.
What followed
| Horizon | BTC price change |
|---|---|
| 30d | +18.3% |
| 90d | +153.8% |
| 180d | +269.9% |
Description of the past, not a forecast.