tavanios BTC SMA20 Deviation Levels

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by tavanios BTC Monthly SMA20 Deviation Levels

This indicator tracks Bitcoin's deviation from its 20-month Simple Moving Average (SMA20) and plots key historical accumulation zones based on previous bear market drawdowns.

The script automatically calculates the monthly SMA20 and displays three major deviation levels:

• -40% below SMA20
• -50% below SMA20
• -60% below SMA20

These levels have historically acted as areas where Bitcoin approached long-term cycle bottoms during deep market corrections.

Features:

Automatic calculation of Bitcoin's 20-month SMA.
Visual plotting of -40%, -50%, and -60% deviation levels.
Background color zones highlighting periods of extreme undervaluation.
Real-time table displaying the current deviation percentage, SMA20 value, and corresponding accumulation levels.
Designed for long-term investors and cycle analysis.

This indicator is intended for educational and market analysis purposes only and should not be considered financial advice.

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