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Bitcoin

This measures the momentum (rate of change) of Bitcoin coin-day value destroyed over a rolling window.

Why it matters

It turns the Bitcoin coin-day value destroyed level into a momentum signal that inflects before the raw level.

How it is built

The slope of Bitcoin coin-day value destroyed is computed over the lookback window and normalized around zero.

What to watch

Rising momentum confirms accelerating activity or value; falling momentum warns of deceleration.

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