OPEN-SOURCE SCRIPT
מעודכן Bitcoin Fair Price Calculator [bitcoinfairprice.com]

1. Purpose of the scriptLong-term Bitcoin valuation based on historical time (days since Genesis block)
Fair Price = theoretically “fair” price according to power law.
Bottom Price = lower support (historically ~58% below Fair Price).
Daily display as on the website – without external access.
Buy/sell signals in case of strong overvaluation/undervaluation.
2. Mathematical model (original formula)pinescript
Bottom Price = Fair Price × 0.42
→ Corresponds historically to ~58% below Fair Price.
Days since Genesis block are calculated automatically per bar.
3. What is displayed in the chart?
Fair Price Average power law line (“fair price”) Blue
Bottom Price Lower support (“floor”) Green
Power Law Corridor Filled area between 0.1× and 2.5× Fair Price Light blue (transparent)
Table (top right) Daily values as on the website Black with white text
Label (for >20% deviation) Shows current prices + percentage Red (overvalued) / Green (undervalued)
4. Recommended use Timeframe
Recommendation Weekly / Monthly Best long-term signals
Daily Good balance
Log scale Be sure to activate! (Right-click on Y-axis → “Logarithmic scale”)
9. Strategy tips (based on the model)
Price near bottom --> Buy / accumulate
Price > 2.5× fair price --> Sell part of position / caution
Price between fair & bottom --> Strong buy zone
Deviation < -20% --> HODL signal
Translated with DeepL.com (free version)
Fair Price = theoretically “fair” price according to power law.
Bottom Price = lower support (historically ~58% below Fair Price).
Daily display as on the website – without external access.
Buy/sell signals in case of strong overvaluation/undervaluation.
2. Mathematical model (original formula)pinescript
Bottom Price = Fair Price × 0.42
→ Corresponds historically to ~58% below Fair Price.
Days since Genesis block are calculated automatically per bar.
3. What is displayed in the chart?
Fair Price Average power law line (“fair price”) Blue
Bottom Price Lower support (“floor”) Green
Power Law Corridor Filled area between 0.1× and 2.5× Fair Price Light blue (transparent)
Table (top right) Daily values as on the website Black with white text
Label (for >20% deviation) Shows current prices + percentage Red (overvalued) / Green (undervalued)
4. Recommended use Timeframe
Recommendation Weekly / Monthly Best long-term signals
Daily Good balance
Log scale Be sure to activate! (Right-click on Y-axis → “Logarithmic scale”)
9. Strategy tips (based on the model)
Price near bottom --> Buy / accumulate
Price > 2.5× fair price --> Sell part of position / caution
Price between fair & bottom --> Strong buy zone
Deviation < -20% --> HODL signal
Translated with DeepL.com (free version)
הערות שחרור
1. Purpose of the scriptLong-term Bitcoin valuation based on historical time (days since Genesis block)Fair Price = theoretically “fair” price according to power law.
Bottom Price = lower support (historically ~58% below Fair Price).
Daily display as on the website – without external access.
Buy/sell signals in case of strong overvaluation/undervaluation.
2. Mathematical model (original formula)pinescript
Bottom Price = Fair Price × 0.42
→ Corresponds historically to ~58% below Fair Price.
Days since Genesis block are calculated automatically per bar.
3. What is displayed in the chart?
Fair Price Average power law line (“fair price”) Blue
Bottom Price Lower support (“floor”) Green
Power Law Corridor Filled area between 0.1× and 2.5× Fair Price Light blue (transparent)
Table (top right) Daily values as on the website Black with white text
Label (for >20% deviation) Shows current prices + percentage Red (overvalued) / Green (undervalued)
4. Recommended use Timeframe
Recommendation Weekly / Monthly Best long-term signals
Daily Good balance
Log scale Be sure to activate! (Right-click on Y-axis → “Logarithmic scale”)
5. Strategy tips (based on the model)
Price near bottom --> Buy / accumulate
Price > 2.5× fair price --> Sell part of position / caution
Price between fair & bottom --> Strong buy zone
Deviation < -20% --> HODL signal
סקריפט קוד פתוח
ברוח TradingView אמיתית, היוצר של הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יכולים לבדוק ולאמת את הפונקציונליות שלו. כל הכבוד למחבר! למרות שאתה יכול להשתמש בו בחינם, זכור שפרסום מחדש של הקוד כפוף לכללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
סקריפט קוד פתוח
ברוח TradingView אמיתית, היוצר של הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יכולים לבדוק ולאמת את הפונקציונליות שלו. כל הכבוד למחבר! למרות שאתה יכול להשתמש בו בחינם, זכור שפרסום מחדש של הקוד כפוף לכללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.