QUICK BITCOIN VALUATION ~ FILBFILB — Indicator by filbfilb

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

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

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.

** Review previous day's candles to avoid transactional lag. **

FREE Telegram Channel ⏩⏩⏩ t.me/cryptotraider

GET MY INDICATORS; www.decentrader.com/?ref=51

Follow on Twitter @filbfilb

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?