Quick Bitcoin Valuation Model

Bitcoin Liquid IndexBrave New Coin

Description

⋅ Apr 1, 2020 9:09 PM

This indicator uses On chain Transactions and Total Bitcoins to arrive at an under/over valuation.

You need to change the scale to Log, i couldn't work out how to do it, if you can tell me i will update the script.

Comment

⋅ Apr 1, 2020 9:12 PM

>1 Overvalued
<1 Undervalued
>2 - Severe Overvaluation
<0.5 Severe Undervaluation

Comment

⋅ Apr 1, 2020 9:33 PM

Link to the pine script.. Noob error.

tradingview.com/script/fVhKVd52-QUICK-BITCOIN-VALUATION-FILBFILB/

Beyond Technical Analysis Bitcoin (Cryptocurrency)filbfilb BTCUSD

Comments

glatran35

⋅ Apr 1, 2020 9:13 PM

Great stuff FilbFilb.

How do I add this indicator. I can't find it on tradingview

amiknyc

⋅ Apr 1, 2020 9:14 PM

So according to this we should drop because we are so over valued right now, is that the indication?

devidodge

⋅ Apr 1, 2020 9:16 PM

@amiknyc, looks like according to fibs chart

icmoore6

⋅ Apr 2, 2020 3:36 PM

This indicator not cyclical (hence misleading), as one can obviously seen there is a underlying upward trend that has been in play since inception, which needs to be factored out. My guess if you re-designed the indicator to temper this upward trend; you'll get something completely different than what is being shown here

Protixder

⋅ Apr 1, 2020 11:21 PM

this can be the new bullrun 2020 for btc -- click on my chart and check the details why.

Poptop169

⋅ Apr 3, 2020 12:20 AM

@Protixder, Stop spamming

RSibayan

⋅ Apr 1, 2020 9:49 PM

Thanks FilbFilb for this chart. You truly are awesome!

frenchfilm

⋅ Apr 1, 2020 9:15 PM

Awesome! Great work