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Bitcoin Difficulty Model [aamonkey]

aamonkey  
Moving Averages onchain Bitcoin (Cryptocurrency) difficulty prediction
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movingaverage onchain bitcoin difficulty prediction
This is a model to calculate Bitcoin price based on Difficulty.

How to calculate it:
BDM = (difficulty^0.51) * 0.002

For the difficulty, the daily average is used.
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.

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