Layer 1 · rank #1 · blue chip

Bitcoin BTC

$79,896-0.6% 1d+1.7% 7d+23.1% 30d

Phoenix · monthly · score 52.1 mixed

Monthly: forming bar is a green 2-Up. Last confirmed swing low 57,718 (Jul 2026), month 2 of a cycle that has typically run 7.5. Cycle-low confidence 21%.
Weekly: forming bar is a red inside bar. Last confirmed swing low 62,210 (Aug 2026), week 6 of a cycle that has typically run 4. Cycle-low confidence 13%.
Daily: bar is a red inside bar. Last confirmed swing low 76,219 (2026-09-02), day 5 of a cycle that has typically run 4. Cycle-low confidence 30%.
Phoenix: 54% decline over 9 months, monthly swing low confirmed (next-bar), now +38% above the trough; first weekly pullback after the low confirmed 2026-08-23 (trigger 65,705).
Gauges: Mayer multiple 1.14 (neutral); +23% vs the 200-week average; -36% from the all-time high; 29 months past the halving (post-top decline).

From the peak to today, log scale

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

stopped falling, by the rules

Score 52.1

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health49 / 100 · Thin

Liquidity (24h volume / market cap) can you get out	1.28 %	2.6 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.0 x	15.0 / 15
Size (market-cap rank) survivorship	1 #	15 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	19734.0 x	0 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	370.3 x	0.0 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	13.0 %	6.3 / 10
Age on Coinbase survived a cycle	6.0 yrs	10.0 / 10

7 of 7 measurable; score renormalized over what was measurable.