🔗Blockchain Fundamentals - Bitcoin's Stock to Flow Ratio by Cryptorhythms
What is a stock to flow ratio and why is it important? The stock-to-flow ratio of a commodity is the amount of the asset that is held in reserves divided by the amount produced every year.
The higher the stock-to-flow ratio the reduced inflation occurs on the asset annually....
🔗Blockchain Fundamentals - Average Cap & Top Cap (Marketcap Alternatives)
Last one for a couple days but then I will be back! Here are the marketcap alternatives Average Cap (created by Renato Shirakashi) and Top Cap (created by Willy Woo).
This is the "forever" moving average of Market Cap. The cumulative sum of daily Market...
🔗Blockchain Fundamentals - Network Value to Aggregate Fee Ratio by Cryptorhythms
Another blockchain metric brought to you by Matteo Leibowitz, ported by me to tradingview for your viewing pleasure.
Fees as Indicator of Demand. After some consideration, I believe that aggregate transaction fees in dollar terms across different time periods...
🔗Blockchain Fundamentals - Fee Ratio Multiple by Cryptorhythms
Back with the next indicator in the Blockchain Fundamentals Series! Hope everyone is enjoying using these as much as I enjoyed porting them to tradingview. This one is not a buy / sell signal, but useful none the less. Created by Matteo Leibowitz.
Fee Ratio Multiple (FRM),...
🔗Blockchain Fundamentals - PUELL MULTIPLE! by Cryptorhythms
The PUELL MULTIPLE! is a way to gauge market cycles from a mining profitability / compulsory sellers' perspective. It takes total miner revenue and adjusts by its yearly moving average. Calculation = mining revenue / 365-day simple moving average of mining revenue.
(The indicator is written that...
🔗Blockchain Fundamentals - Bitcoin Network Momentum by Cryptorhythms
Network Momentum is a view created by PositiveCrypto which looks into the value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoin`s price. It serves as a leading indicator of Bitcoin bull markets. Sufficiently high levels of value throughput...
🔗Blockchain Fundamentals - Bitcoin Velocity by Cryptorhythms
The velocity of money is the rate at which money is exchanged in an economy. It is the number of times that money moves from one transaction to another. It also refers to how much a unit of currency is used in a given period of time. Simply put, it's the rate at which people spend currency....
🔗 Blockchain Fundamentals - Thermocap (Marketcap Alternative) by Cryptorhythms
Market capitalization is an indicator for assessing the value of equity in companies. Crypto has inherited the metric from stocks and is having a hard time trying to get rid of it. Problems here are:
Market Cap takes into account all coins distributed so far, not...
🔗 Blockchain - NVU (Network Value to User) Ratio by Cryptorhythms
Please note this is not an indicator that gives you buy and sell signals, its for bitcoin blockchain based fundamental analysis and valuation metrics.
Blockchains have network effects.
The classic example of network effects is Facebook: every person who gets on...
Bitcoin Network Momentum is a leading indicator that relates On-Chain Transactional Volume (measured in BTC)with the evolution of the Bitcoin Price.
🎼 Blockchain Rhythms v1.0 by Cryptorhythms
Cryptorhythms back at is again with an absolutely massive collaboration with CryptoMedication & ZeroNoncense team.
This indicator and data plot suite is for bitcoin BTCUSD analysis over longer periods and higher time frames. 🚨For this to plot anything you must use on Daily or higher timeframe🚨.
You want to have an...
The Kovach Crypto Spread indicator calculates the spread in profit between Bitcoin and the leading Altcoins. The Altcoins are weighted by market cap and this script is update weekly so you constantly have the most relevant Altcoins and their coefficients in the indicator.
Values above zero indicate a net flow from Altcoins to Bitcoin and vice versa. Let's...