What are the best indicators to monitor bitcoin price?

In the ever-evolving world of cryptocurrency, identifying the most effective indicators to monitor Bitcoin's price can be a daunting task. Could you elaborate on which metrics and analytical tools you find most useful in tracking Bitcoin's price movements? Do you recommend focusing on technical analysis indicators such as moving averages, RSI, or MACD? Or perhaps you favor more market-based metrics like trading volume, sentiment analysis, or even institutional adoption? Additionally, are there any specific tools or platforms that you find invaluable in your analysis of Bitcoin's price dynamics? Your insights would be greatly appreciated in navigating this complex and volatile market.