OPEN-SOURCE SCRIPT
Bitcoin Mayer Multiple

Simple mayer mutiple based on Bitstamp BTCUSD.
Use this in a DAILY chart
Will show green when < 1.0: it means cheaper than 200-day moving average,
red when above 2.4: this is considered bubble bursting territory.
If you like it feel free to tip bc1q4vxf6dycmrswqdj03rxd26gpnyu8hmuwnjjt7h
Use this in a DAILY chart
Will show green when < 1.0: it means cheaper than 200-day moving average,
red when above 2.4: this is considered bubble bursting territory.
If you like it feel free to tip bc1q4vxf6dycmrswqdj03rxd26gpnyu8hmuwnjjt7h
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.