BTC: Dormancy — Positive Momentum

Bitcoin Dormancy — Positive Momentum was 0 on 7 Nov 2026 (latest daily value).

A daily flag for Bitcoin: 1 when the average age of the coins spent over the last 90 days is above its 365-day average, otherwise 0.

Why use it. It marks stretches when older coins are moving more than usual, as when long-term holders sell into rallies. How to read it. 1 means the 90-day average age of spent coins is above the yearly average; 0 means at or below it. It describes spending, not purchases or sales by anyone in particular. Moves between a holder's own addresses are included.

Calculation. Exact definition: A daily flag that is 1 when the 90-day mean of header-time dormancy is above its 365-day mean, otherwise 0. 1 means the 90-day mean strictly exceeds the 365-day mean; equality and lower values give 0, and an unknown mean gives no value. It is a descriptive comparison of two smoothed series, not a trading rule or evidence of purchases or sales. Dormancy includes change and self-spending and measures spent BTC amounts, not holder identities. Only sealed days are defined; provisional values keep their label, open days are unknown and missing days remain gaps. Compare the displayed 90-day simple mean of daily dormancy with its 365-day simple mean and return 1 if the first is strictly greater, else 0. Dormancy uses spent-output age, max(0, spending-header timestamp minus creation-header timestamp). Both means require every adjacent input and use the 40-significant-digit Decimal engine. Computed from retained canonical Bitcoin history on our own validated Bitcoin Core node; holds, MTP closure and six-block finality pass through from the weakest input.