Modeling Bitcoin's Value With Scarcity
The Stock to Flow model for Bitcoin suggests that Bitcoin price is driven by scarcity over time.
Bitcoin is the first scarce digital object the world has ever seen. It is scarce like silver & gold, and can be sent over the internet, radio, satellite etc. Bitcoin includes a mathematical mechanism to restrict its supply over...
Bitcoin 🔥 Bulls & Bears 🔥
This free-of-charge BTC market analysis indicator helps you better understand what's going with Bitcoin from a high-level perspective. At a glance, it will give you an immediate understanding of Bitcoin’s historic price channel dating back to 2011, past and current market cycles, as well as current key support levels.
Credit goes to the original writer of the script, Quantadelic, who generously allowed anyone to copy/edit. I adjusted the value of the bottom/top intercept and slope to better fit the March 2020 coronavirus dip.
Use Bitstamp BTCUSD for better reading.
This tool is simple yet very effective. It creates new candles on the chart based on the MACD.
Candles are green when MACD is increasing and red when it is decreasing. All lengths can be adjusted in the input menu and there is an option to plot the signal line.
The rules for using it are pretty simple:
1.Buy on Green
2.Sell on red
In this script I included 2 quite interesting indicators for Bitcoin:
* NVT (Network Value to Transactions Ratio)
* NVTS (NVT Signal)
Both indicators are based on Bitcoin Network Value (Market Cap) and 24h transaction volume.
For both these values I'm using Quandl datasets from Blockchainc.com:
Whale: Whale utilizing discounted prices (increasing on-chain volume & decreasing price)
Recovering: Positive momentum in price after potential whale activity
Cycle Volume Support: The transaction volume support during a cycle
What’s the best time to invest?
After institutions make up their mind at low price levels.
How’s on-chain volume related...
A simple indicator based on the percentage price difference between Korean crypto markets and western markets.
It currently shows the premium for BTC & ETH.
If it's positive (red) it means that the Korean market is trading at a premium.
Vice versa negative (blue) means the West is trading at a premium.
Because the Korean crypto market is so closed off (because...
A simple indicator that identifies the primary upswing of Bitcoin following each Halving, the "Bull Cycle".
A "Bull Cycle" is identified as the first period of positive momentum after each Halving date, defined as the 50 Daily Moving Average (DMA) being above the 200 DMA.
This indicator attempts to detect moments of abnormal and accelerating increase in volume. Because pumps happen over short time frames, this script is potentially better used on smaller timeframes (1 - 15 minutes). It takes two inputs: The length of the lookback for the volume rate of change (vroc) calculation (default=20), and The threshold over which a pump...
Bitcoin’s Real Volume
An accurate read on the change in Bitcoin’s volume profile over time.
Based on 2019 reports by Bitwise and Alameda Research.
Please see the script code notes for assumptions and details on data selection.
Follow me for more information on this script.
This Bitcoin indicator shows the percentage that the exchange traded volume is from the sum of the exchange traded volume + on-chain transaction volume.
The thin red line is the non-smoothed value calculated from daily volumes.
The thick black line is the 7-day EMA-smoothed value.
The exchange traded volume and the on-chain transaction volume are reported by...
In the study of time series, and specifically technical analysis of the stock market, a moving-average cross occurs when, the traces of plotting of two moving averages each based on different degrees of smoothing cross each other. Although it does not predict future direction but at least shows trends.
This indicator uses two moving averages, a slower moving...
This is an indicator I created recently, with the mind of spotting where price might reverse and where the price is trending. You can see this as the primary indicator for your system, however, it is recommended you use this in conjunction with other confirmation indicators.
This script focus solely on ATR or Average True Range.
This indicator is the...
This study calculates the On-Balance Volume (OBV) and displays it in terms of its Z-Score.
OBV is a great momentum indicator . As the name suggests, OBV predicts changes in price based on the security's volume flow.
if (Current Price > Previous Price)
then Current OBV = Previous OBV + Current Volume
if (Current Price < Previous Price)