OPEN-SOURCE SCRIPT

Copper to Bitcoin Ratio

413
Ratio: Divides copper price by Bitcoin price (copper / bitcoin). Since copper is in USD per pound and Bitcoin is in USD, the ratio is unitless but reflects copper’s value relative to Bitcoin.

Plotting: The ratio is plotted as a blue line, with an optional 20-period simple moving average (red line) for smoothing.

This can reflect market sentiment (e.g., industrial demand vs. crypto speculation).

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.