ChuckBanger

Bitcoin Difficult Model [ChuckBanger]

Simple script that graphically represents the mining difficulty of Bitcoin . It is ment to be used as a tool to decide when it is good time to dollar cost average ( DCA ) in your Bitcoin hodl position. When Price is below the difficulty model it is usually a good time to DCA .

Formula for the model used in this calculation is 0.002 * difficulty ^ 0.51. It is possible to change this numbers if necessarily.

My free indicators http://bit.ly/2s828h6
For a list of payed indicators: http://bit.ly/2Yr7wI1

Tip jar, if you want to support my free indicators work
BTC: 3EV8QGKK689kToo1r8pZJXbWDqzyJQtHy6
LTC: LRAikFVtnqY2ScJUR2ETJSG4w9t8LcmSdh
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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