Is Bitcoin’s Heart Still Beating? 5 Indicators To Watch Before Taking Action

BTC On-Chain Data Report - 20/5/2025

Bitcoin’s floating just above $106K, and depending on who you ask, we’re either at the top—or just getting started.

If you're like me, you don’t want guesses. You want signals that have historically mattered.

This week, I’m focusing on 5 on-chain indicators that have consistently called tops, bottoms, or momentum pivots:

• 200 Week Moving Average Heatmap

• 2-Year MA Multiplier

• Bitcoin Extreme Oscilators

• MVRV Z-Score Bands

• The Everything Indicator

Each one is telling a slightly different story. But when you line them up, the data points in one direction.

And right now, a few of these indicators are hovering right at levels that have previously marked breakout moments or warning signs.

So what are they saying? And how can you use this information to avoid getting caught on the wrong side of the next move?

Let’s break it down…

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1. 200-Week Moving Average Heatmap