Cycle replay

Scrub through every halving cycle.
Watch the metrics evolve.

Drag the timeline. Every oscillator updates to where it sat on that exact day from halving — across all four cycles, in sync. Hit play to watch a cycle unfold.

Cycle replay · day from halving

Day 772

of 1458 days per cycle · 52.9% through

HALVINGYEAR 1YEAR 2YEAR 3NEXT HALVING

Every cycle's price as a multiple of its halving price — the dot marks where each cycle sat at day 772.

halvinglens.com · replay

$297.54

+2313%from halving

$6.40K

+882%from halving

$20.57K

+139%from halving

Current

Cycle 5 hasn't reached day 772 yet — the future is unwritten.

Live signals at day 772, by cycle

Drag the timeline to see how each live-derived signal evolved through each halving cycle.

MVRV Z-Score

MVRV-Z

1.32z

Generational buy ·Mid-cycle· Cycle top zone

2.06z

Generational buy ·Mid-cycle· Cycle top zone

2.59z

Generational buy ·Mid-cycle· Cycle top zone

—

NUPL

-0.037ratio

Capitulation ·Capitulation· Euphoria

0.075ratio

Capitulation ·Hope / fear· Euphoria

0.196ratio

Capitulation ·Hope / fear· Euphoria

—

Mayer Multiple

Mayer

0.67x

Deep value ·Deep value· Overheated

0.80x

Deep value ·Below trend· Overheated

0.52x

Deep value ·Deep value· Overheated

—

Puell Multiple

Puell

0.58x

Miner capitulation ·Suppressed· Top zone

0.77x

Miner capitulation ·Suppressed· Top zone

0.47x

Miner capitulation ·Miner capitulation· Top zone

—

Reserve Risk

0.0042ratio

Generational buy ·Top zone· Top zone

0.0048ratio

Generational buy ·Top zone· Top zone

0.0043ratio

Generational buy ·Top zone· Top zone

—

Rainbow band

Rainbow

3.9band

Fire sale ·HODL· Maximum bubble

4.6band

Fire sale ·HODL· Maximum bubble

3.9band

Fire sale ·HODL· Maximum bubble

—

SOPR

0.988ratio

Capitulation ·Realising losses· Top zone

1.014ratio

Capitulation ·Mild profit· Top zone

1.041ratio

Capitulation ·Mild profit· Top zone

—

RHODL Ratio

RHODL

643ratio

Generational buy ·Generational buy· Cycle top zone

1412ratio

Generational buy ·Accumulation· Cycle top zone

2653ratio

Generational buy ·Accumulation· Cycle top zone

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