Get started
follow_bitcoin

HashCryptoCap for Bitcoin

follow_bitcoin  
Oscillators Volume Moving Averages
51
1
oscillator volumestudies movingaverage
The HashCryptoCap Script is specifically designed for Bitcoin. It works by combining Bitcoin's Hash Rate, Cryptocap and price using the following formula : hashrate / bitcoin crypto Cap * price

...to calculate if the present bitcoin price is overbought / oversold by combining these three onchain and price factors.
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.

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?