Historically, Hashrate and Bitcoin prices have a strong correlation. When hashrate increases more than Bitcoin price, it indicates a rise in Bitcoin price soon. This indicator uses the formula: Price/hashrate delta ratio = period price delta / period hashrate delta Whenever the ratio between the price and hashrate of Bitcoin is positive, it indicates that the...
OVERVIEW: This script looks to identify entry point opportunities when moving averages over Bitcoin's hash rate are indicative of Miner capitulation. The script implements an oscillator based on Charles Capriole's "Hash Ribbons & Bitcoin Bottoms" concept. It analyses the short-term and long-term moving averages of Bitcoin's hash rate and then identifies potential...
What it is: The Crypto Miner Confidence Metric analyses a handful of highly utilized Crypto networks to gain insight into the potential sentiment amongst those securing them and more specifically Crypto miners. What it does: It takes into account the overall trend in the increase or decrease of current computational power securing the networks, otherwise known...
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...
This script uses daily data points from Quandl which measure Bitcoin mining hashrate, and miner revenue, and averages the two. The two data sets are fairly zigzaggy, so to smooth the data I am use a John Ehlers' filter to reduce the noise. Why did I combine the two? Both have correlation to BTC price action, and by combining hashrate and revenue, I believe it...
The indicator shows the deviation of the hashrate in the Bitcoin network from its average value for the selected period. This indicator should be used on TF=1D. When the hashrate drops below zero, you should look for points to buy Bitcoin , because after a decrease in the hashrate, the price of Bitcoin most often follows an increase. Also in the indicator there is...
Bitcoins network adjusts to maintain an average block time of 10 Minutes per block. This chart uses the Hashrate and Difficulty to provide the average block time < 10 Mins = Hashrate is increasing (Green) > 10 Mins = Hashrate is decreasing (Red)
Growing btc hashrate are associated with increasing btc price. During speculative phase price growth is disproportionate to the hashrate. On the opposite when the price fall to much in comparison to the hashrate, bitcoin could be undervalued. This indicator identified 3 of 4 major tops and a lot of optimal buy opportunities. Value under 0 signal overbought...
TMcV HashSecRatio Original January,30,2021 The Hashrate to securities ratio is a study to get a view on data flowing through the blockchain and can be applied to any asset available in Tradingview. This indicator illustrates asset performance vs the moving average of BTC hash rate and accurately highlights price trend tops and bottoms allowing for excellent...
TMcV HashSecRatio Original January,30,2021 The Hashrate to securities ratio is a study to get a view on data flowing through the blockchain and can be applied to any asset available in Tradingview. This indicator illustrates asset performance vs the moving average of BTC hash rate and accurately highlights price trend tops and bottoms allowing for excellent...
-═════════════════════════- 📋 Description : This script display the Bitcoin' Hash Rate and the Miners revenue based on the data provided by Quandl. Hashrate is displayed in TH/s : trillion hashes per second with an moving average. Miners revenue is calculated by : (the number of bitcoins mined per day + transaction fees) * market price The dates of previous...
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.
Simple script that graphically represents the bitcoin hashrate. Blockchain data made available at QUANDL . Its logic is simple, search the data in the QUANDL database and plot it in the graph.
Same as the popular hash ribbon indicator, but slightly more responsive and with a better smoothing kernel.
In addition to technical analysis, you also need to pay attention to fundamental analysis. Bitcoin has one of these indicators, it is the network hashrate. And it’s important to know when mining becomes disadvantageous. Those. when network participants turn off the equipment. And there are critical points that depend on the price and number of miners in the...
Fresh off the press, we have a new breed of indicators: Bitcoin's Hash Rate & Price. As many of you have read, roughly 80% of BTC's price movements can be correlated to its changes in hash rate volume. I decided to make a stochastic indicator that utilizes this principle to track divergence of the price from the hash rate. Let's break this down... In red is the...