Confluence State · BTC
As of 21 Oct 2026 · Explainable knowledge object · Not a trading signal
Confluence state: 2 of 5 independent domains aligned bearish (0 bullish / 2 bearish / 3 neutral). Dispersion 0.245 (high = split ensemble), net tilt -0.105. Read forward (valuation/sentiment gauges, not momentum): bullish = cheap/fearful, bearish = expensive/euphoric — a euphoric top reads bearish. Independence is measured, not assumed: effectively 3.83/5 domains (redundant: trend~onchain ρ=0.822). 2250 of 2480 comparable days at or above this level. A descriptive state beyond the bull-market gauge — not advice.
Factors
Related knowledge
Source & reproducibility
- Object: ko:confluence_state:btc:2026-10-21
- Engine: confluence-state-engine vconf_v1.1
- As of: 21 Oct 2026 · computed 2026-10-21
- Repro hash: sha256:0e3e84bf38d897fb3…
- Inputs: 5 provenance references
This is a descriptive, explainable knowledge object for research and education — not financial advice and not a buy/sell signal. Figures describe the past and present; they do not predict the future.