#Educational Post Let's understand What is the $BTC Summation | FREE SmartviewAi, Money King and Crypto Aman Premium Signals
#Educational Post
Let's understand What is the $BTC Summation Index (BTCSI)?
It's a long-term version of the conditional oscillator, which is a #btc state indicator based on P&L supply.
It can be used to determine the bullish or bearish bias, as well as the strength of the trend and associated reversals.
For example, a histogram above 1 is long, and a histogram below 1 is short.
It is also possible to define overbought and oversold threshold zones, including finding divergences.