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Bitcoin Radar · CMF · as of 01 Nov 2026 close

Bitcoin CMF: CMF between -0.10 and +0.10 Neutral active now

First daily close with CMF between -0.10 and +0.10. Below: the 1 week, 1 month and 3 months after every initial trigger since 06 Sep 2011.

Current CMF(20)
0.01
Median next 1 week
+0.6%
Median next 1 month
+0.3%
Median next 3 months
+3.5%
Occurrences
351

About this signal

CMF between -0.10 and +0.10 is a neutral CMF signal: First daily close with CMF between -0.10 and +0.10.

Chaikin Money Flow weights each day's volume by where the close sat within the day's range, then sums over 20 days. Positive values indicate accumulation, negative values distribution.

Formula. Multiplier = ((Close - Low) - (High - Close)) / (High - Low); CMF = sum(Multiplier x Volume, 20) / sum(Volume, 20).

"CMF between -0.10 and +0.10" is a neutral CMF signal: First daily close with CMF between -0.10 and +0.10. On the 349 occasions it first turned on since 05 Oct 2011, the median return over the next 30 days was +0.3% (mean +4.5%, 51% positive) against a baseline median of +2.9%, a median edge of -2.6%. The 1-week median was +0.6% (52% positive) and the 3-month median +3.5% (54% positive). This signal is active as of the 01 Nov 2026 close.

Forward returns after "CMF between -0.10 and +0.10"

Bitcoin close-to-close returns after the initial trigger (first close after the condition turned on) for CMF between -0.10 and +0.10, versus the unconditional baseline.
HorizonnMedianMeanWin rateBestWorstBaselineEdge
1 week351+0.6%+1.2%52%+38.8%-29.7%+0.7%-0.2%
1 month349+0.3%+4.5%51%+149.0%-43.1%+2.9%-2.6%
3 months343+3.5%+15.6%54%+423.8%-54.0%+10.3%-6.8%

Most recent times the signal turned on

Latest 12 trigger dates (first close after the condition turned on) and realised Bitcoin returns. "Pending" means the horizon has not elapsed.
Close dateBTC closeNext 1 weekNext 1 monthNext 3 months
20 Oct 2026$82,946-2.6%pendingpending
06 Oct 2026$85,554-2.9%pendingpending
02 Oct 2026$84,501-2.3%-7.4%pending
17 Sep 2026$76,355+10.5%+6.6%pending
10 Sep 2026$76,529-0.2%+8.4%pending
16 Aug 2026$62,832+23.7%+20.3%pending
13 Aug 2026$63,418+15.1%+21.8%pending
06 Aug 2026$64,256-1.3%+24.2%pending
25 Jul 2026$64,308-2.4%+22.8%+26.1%
16 Jul 2026$63,788+2.0%-1.2%+27.9%
10 Jul 2026$64,114-0.3%+1.2%+27.4%
21 Jun 2026$63,237-6.0%+5.2%+28.5%

Distribution of outcomes

Histogram of Bitcoin's forward returns after this signal. The vertical axis is the number of triggers; the horizontal axis is close-to-close return, compressed so large outliers do not hide the typical range. Bars left of zero are losses, right are gains.

1 week

Count

Forward return (compressed scale)

1 month

Count

Forward return (compressed scale)

3 months

Count

Forward return (compressed scale)

Methodology

  • Data. Bitcoin (BTC/USD) daily closes from Bitstamp, 18 Aug 2011 to 01 Nov 2026 (5555 closes). One exchange, one series, no splicing.
  • Trigger evaluation. Evaluated strictly on the initial daily close when the signal condition turns active (the first close after being inactive). Consecutive ongoing closes are excluded to prevent signal dilution and sample clustering.
  • Forward return. For horizon h in {7, 30, 90} days: close[t + h] / close[t] - 1, both daily closes. Indicators use data up to and including close[t], so there is no lookahead.
  • Statistics. Tables show the median return because Bitcoin's return distribution is right-skewed; the mean is on hover (and in the detailed columns). Also published: occurrence count n, win rate (share of positive returns), and the unconditional Bitcoin baseline over the same horizon. Edge = median minus baseline median. Signals with fewer than 3 occurrences are omitted.
  • Caveats. Rare signals have small samples. External series start later than price (Fear & Greed 2018). Open interest and long/short ratios are excluded because no reliable multi-year history exists.
  • Refresh. Recomputed once per day after the 00:00 UTC close. Last computed 2 Nov 2026 00:10 UTC.