Track the status of Bitcoin and Ethereum Miners' Netflows and their asset reserves. The Idea The goal is to provide a simple tool for visualizing the changes in miners' flows and reserves. How to Use Analysing the behaviour of miners enables you to detect long-term opportunities, in particular with the state of reserves, but also in the shorter term with...
"Market Activity Risk" (MAR) - Is a dynamic tool designed to structurize the competitive landscape of blockchain transaction blocks, offering traders a strategic edge in anticipating market movements. By capturing where market participants are actively buying and selling, the MAR indicator provides insights into areas of high competition, allowing traders to...
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...
BTC Miner Netflows with smoothing - shows the difference between Miner Inflow and Miner Outflow. Miner income, sales as well as holdings, are generally considered to have a huge market impact, by analyzing miner Netflows, users can gauge if overall miners are accumulating or selling; high positive values point to accumulation, while negative numbers indicate net...
BTC Hash Rate ribbons / Hash Rate cross This strategy goes long when BTCs Hash Rate 30 day moving average crosses above the 60 day moving average, signifying that miner capitulation is over and recovery has started. When the opposite signal is given, which signifies the beginning of miner capitulation, the strategy goes short (or flat, depending on...
BTC Hashrate with smoothing - thanks to the recent integration of IntoTheBlock data into Tradingview, we can now effortlessly show Hashrate data on our chart. One popular use for Hashrate is to buy when the 30 day moving average crosses above the 60 day moving average, signifying that miner capitulation is over and recovery has started. Definition The Bitcoin...
Blockchain Fundamentals: Electricity Cost of BTC After a hiatus, now a return to publishing tools and scripts for the community. This is my first script in over and year, and I have a number more coming soon as well! (so Stay Tuned!) This is a simple calculator to estimate the cost of Bitcoin miners to mine one bitcoin. It works on all timeframes (doesnt...
Gives long-term buy signals for Bitcoin from dips and recoveries in the hashrate (the "miner capitulation" theory). It has an overlay and a standalone mode and is fully configurable. It uses Williams Lows and ATR instead of moving averages. Features that might be interesting for Pinescripters: + Automatic (as far as is possible currently) adjustment of plots for...
Use 3D(3-day candle) as timeframe for best reading. ------ original template for Correlation indicator was created by obaranova. credit goes to her.
Same as the popular hash ribbon indicator, but slightly more responsive and with a better smoothing kernel.
Buying during Miner Capitulation yields wonderful returns. The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive. Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%. Follow me to learn more about this indicator.