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Da_Prof
Feb 28, 2024 9:30 PM

TFS - Bitcoin (BTC) Transaction Fee Spike Top Indicator [Logue] 

Bitcoin all time history indexINDEX

Description

Transaction Fee Spike (TFS) - For bitcoin (BTC), transaction fees on the bitcoin network can signal a mania phase when they increase well above historical values. This mania phase may indicate we are near a top in the BTC price. The transaction fee in USD is directly retrieved from Glassnode. The default trigger for this indicator fires when the transaction fees increase above 44/transaction.
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