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OKLink Released Updated Crypto Indicator Dashboard and Added More Featured Bitcoin Indicators Amid Market Fluctuation

 

Beijing, China - May 11, 2022 (Newsfile Corp.) (Investorideas.com Newswire) OKLink officially announced an updated version of its crypto market indicator dashboard, a tool that aims to give users a deeper understanding of the crypto market. Moreover, OKLink also brought 9 new bitcoin market indicators to the dashboard, expecting to help users better judge when to enter or leave the market. Users could now access the updated indicator dashboard as well as the newly added bitcoin market indicators through OKLink's Chainhub platform.

The update of the indicator dashboard includes several improvements of the way how various crypto charts present to users, and in consideration of making the crypto indicators easier to understand, more descriptions are now added to the tool.

And with regard to the 9 newly added bitcoin market indicators, OKLink's Chainhub team expressed their confidence in bringing some sort of certainty to its users in a volatile market.

Figure 1

For example, the Pi Cycle Top Indicator, which was first put forward by Philip Swift, would signal when Bitcoin becomes significantly overheated, and it has historically been a good indicator for cycle tops. Another indicator that is worth mentioning is the UTXO Age Bands. This indicator would tell the behavior of long-term and short-term holders as well as the price movement.

According to OKLink's Chainhub team, more updates and upgrades to its products and services will be deployed in the coming months, "we have been working very hard to meet our users expectations, more upgrades are already on the agenda."

About OKLink

As one of the earliest founded blockchain companies in China, OKLink has committed to R&D and commercial application of blockchain technology since its establishment in 2013. OKLink now holds industry leading blockchain data processing and analysis tools, integrating big data, AI and other advanced technologies to analyze and process complex and diverse blockchain data. The company has already developed into a world-renowned blockchain technology and data service provider.

Media Contact

Norman SUN, OKLink
Email: cooperation@oklink.com
Website: https://www.oklink.com

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