cI8DH

BTC Price Deviation % and Tether price (BPD) [cI8DH]

This indicator shows Bitcoin price deviation from average of price across difference exchanges in percentage. As you can see, price at Bitfinex and Binance (both BTC /Tether pairs) are going up relative to BTC /USD pairs. This means Tether price is going down for some fishy reason(s). In the next
update, I will add Tether price calculation.

Release Notes: added an estimation for Tether price deviation from 1 USD in %

Release Notes: - minor change in input UI
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

For somebody to enter on a good price (before a major plunge in BTC) ?
+3 Reply