BigBitsIO

Bitcoin Circulating Supply Overlay [BigBitsIO]

This script shows the estimated circulating supply of Bitcoin on any given day.

Features:
- Estimated Bitcoin circulating supply calculated daily
- Uses the Bitcoin reward schedule, past halving dates, and the next upcoming halving estimated date to calculate the current estimated supply.

- Optionally includes an option to use "Log Reduction" on the chart


*** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
Notas de Lançamento: Changed the input type to a string option so users can set the mode.

Indicator includes 3 different modes:
- Supply - Estimated circulating supply
- Log Reduced Supply - Supply, but log reduced
- Market Cap - Supply * close
Notas de Lançamento: Fixed the indicator to work when added to any chart when selecting Market Cap by explicitly pulling price information from BLX symbol.
Notas de Lançamento: Clarified a variable, updated snapshot.
Notas de Lançamento: Fixed the security reference to the one with more price history.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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💻 Website: https://www.bigbits.io
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