Descriptions: The MVRV Z-Score indicator is a powerful tool designed by original authors Murad Mahmudov and David Puell for BTC to help traders make informed decisions about their cryptocurrency investments. It is based on the MVRV (Market Value to Realized Value) metric, which measures the relationship between the market capitalization and the realized...
🌟🚀 Introducing the Crypto Realized Profits/Losses Extremes Indicator by AlgoAlpha 🚀🌟 Unlock the potential of cryptocurrency markets with our cutting-edge On-Chain Pine Script™ indicator, designed to highlight extreme realized profit and loss zones! 🎯📈 Key Features: ✨ Realized Profits/Losses Calculation: Uses real-time data from the blockchain to monitor...
Track the address status of the various cryptoassets and their evolution. The Idea The goal is to provide a simple tool for visualizing the evolution of different types of crypto addresses. How to Use This tool is to be used as fundamental information. It is not intended for investment or trading purposes. Elements Active Addresses Active Addresses...
Introducing the ∑ MVRV Z-Score by AlgoAlpha, a dynamic and sophisticated tool designed for traders seeking to gain an edge in INDEX:BTCUSD analysis. This script employs advanced statistical techniques on Bitcoin On-Chain data to offer a deeper understanding of market conditions, focusing on valuation extremes and momentum trends. Let's explore the features...
Description: 🚨The BTC Supply in Profits and Losses (BTCSPL) indicator, developed by AlgoAlpha, offers traders insights into the distribution of INDEX:BTCUSD addresses between profits and losses based on INDEX:BTCUSD on-chain data. Features: 🔶Alpha Decay Adjustment: The indicator provides the option to adjust the data against Alpha Decay, this compensates...
Description: The "∂ Limited Growth Stock-to-Flow (LG-S2F)" indicator, developed by AlgoAlpha, is a technical analysis tool designed to analyze the price of Bitcoin (BTC) based on the Stock-to-Flow model. The indicator calculates the expected price range of BTC by incorporating variables such as BTC supply, block height, and model parameters. It also includes error...
This script is for identifying extreme selling. Judging by the chart, Bitcoin miners often (not always) sell hard for two reasons: to take profit into parabolic price rises, or to stay solvent when the price is very low. Extreme selling thus often coincides with long-term tops and bottoms in Bitcoin price. This can be a useful EXTRA data point when trying to time...
Bitcoin miners are in pain and now (November 2022) selling more than they have in almost 5 years! Introducing: Bitcoin Miner Sell Pressure. A free, open-source indicator which tracks on-chain data to highlight when Bitcoin miners are selling more of their reserves than usual. The indicator tracks the ratio of on-chain miner Bitcoin outflows to miner Bitcoin...
Big Whale Purchases and Sales - plots big whale transactions on your chart! People that hold more than 1% of a crypto currencies circulating supply are considered whales and have a huge influence on price, not just because they can move the market with their huge transactions, but also because other traders often track their wallets and follow their example....
Use this Onchain Channel in Weekly Timeframe - on BTCUSD BUTSTAMP Chart: This Moving average channel is weighted based on BTC's new Supply: I believe the slope of the Bitcoin trend line is correlated to the new supply and the issue of Halving. The chart below shows this: In fact, after each Halving, the supply is halved. Halving the supply increases the...
This Onchain Metric shows the sum of newly issued coins. This metric is very useful for finding new bull run cycles in the market. The new bull run is accompanied by a significant drop in the new supply.
Use this oscillator in the weekly time frame and then draw the above linear channel The premise of this idea is that the trend slope of the bitcoin price correlates with the bitcoin supply chart, which shows the total amount of bitcoin ever created/issued. Therefore, Bitcoin price is weighted based on Bitcoin supply. As a result, the above channel has been...
Use This indicator in Weekly Timeframe: This Onchain Metric is based on SOPR Moving Average. This metric is very efficient for finding the tops and bottoms of the market as well as the ascending or descending biases in the market. You can use it alongside RSI to filter out incorrect rsi signals overhigh areas signal a top, overlow areas signal a low, zero line...
This Onchin metric is based on SOPR data Use this metric on daily and weekly timeframes: SOPR: The Spent Output Profit Ratio (SOPR) is computed by dividing the realized value (in USD) divided by the value at creation (USD) of a spent output. Or simply: price sold / price paid. Renato Shirakashi created this metric. When SOPR > 1, it means that the owners of the...
This is a New Onchain metric that is designed for bitcoin by myself Mjshahsavar (Ghoddusifar), and it is published for the first time in this trading view in this post. I think this metric has a very high capability to determine the ATH and bottom of the market. This metric can solve a problem that channels are unable to solve. this could be the equivalent of what...
NVT Ratio Defined as the ratio of market capitalization divided by transacted volume (in USD). Network Value to Transactions Ratio (NVT Ratio) is defined as the ratio of market capitalization divided by transacted volume in the specified window. History NVT first made an appearance as a tweet on Woo Bull account in Feb 2017. In that tweet he promised an...
Hi all, In these troubled times, going back to fundamentals can sometimes be a good idea 😊 I put this one up using data retrieved from “Nasdaq Data Link” and their “Blockchain.com” database. Here is a good place to analyses some Bitcoin data “outside” its price action with 25 different data sets. Just go to the settings menu and display the ones you are...
Network Value to Metcalfe Ratio (NVM Ratio) is defined as the ratio of the log of market capitalization divided by the log of the square of daily active addresses. This oscillator evaluates bitcoin price according to the Metcalfe Ratio to show whether the current value of Bitcoin is higher or lower than the real price in this oscillator, High values indicate the...