Pulse · as of 2026-08-30 close — daily file, refreshed weeklyconnecting…
LIVE LAYER: price · fees — cyan anywhere on this page means recomputed from these two feeds; everything else is as-of grey.
Key takeaways
as of 2026-08-30- By its valuation indicators, Bitcoin is around fair value today — it sits -38% from its all-time high, and 4 of 4 valuation reads are at fair value or below with a Mayer Multiple of 1.12×. [PULSE →]
- Cycle score 30/100 — accumulation, by six valuation reads averaged without weights. [CYCLE →]
- Biggest 30-day mover: Mayer Multiple 0.88× → 1.12× — price gaining on its 200-day trend. [30D →]
- Price sits 38% below the 2025-10-06 all-time high, 328 days on. [DRAWDOWN →]
Every bullet is templated from a computed value — the tag links to the instrument that generated it. Position, not prediction.
Attention
Ordered by 30-day movement where we compute it — not a severity score.What changed
2026-07-31 → 2026-08-30Price · 7 days
−0.1%
Price · 30 days
+23.7%
Price · 1 year
−28.6%
This cycle vs history
Every halving reset to day zero and priced as a multiple of the halving-day price, on a log scale. It lines up where this cycle sits against the three before it — tap a cycle to mute it.
Day 862 since the 2024 halving: this cycle is up 1.2× from the halving price. At the same point, the previous three cycles averaged 10× (range 2.2×–20×) — each cycle’s gains have come in smaller than the last. Past cycles are context, not a promise.
The nine indicators
See all 9, explained →1.12×Fair value
Is price stretched against its own trend?1.20×Fair value
How far is price from its four-year floor?41%Undervalued
Are we near a cycle top, by the one signal famous for calling them?0.94×Fair value
How rich is miner revenue against its own year?-38%
How far below the peak are we right now?~1.6 yrs
Where are we in the four-year issuance clock?1.11×Above band
Is the bull-market floor holding?56Neutral
Is momentum overheated or washed out, on the slow clock?328 days
How long has the market been under water?