OPEN-SOURCE SCRIPT
Aktualisiert Bitcoin Fair Price Calculator [bitcoinfairprice.com]
1. Purpose of the scriptLong-term Bitcoin valuation based on historical time (days since Genesis block)
Fair Price = theoretically “fair” price according to power law.
Bottom Price = lower support (historically ~58% below Fair Price).
Daily display as on the website – without external access.
Buy/sell signals in case of strong overvaluation/undervaluation.
2. Mathematical model (original formula)pinescript
Bottom Price = Fair Price × 0.42
→ Corresponds historically to ~58% below Fair Price.
Days since Genesis block are calculated automatically per bar.
3. What is displayed in the chart?
Fair Price Average power law line (“fair price”) Blue
Bottom Price Lower support (“floor”) Green
Power Law Corridor Filled area between 0.1× and 2.5× Fair Price Light blue (transparent)
Table (top right) Daily values as on the website Black with white text
Label (for >20% deviation) Shows current prices + percentage Red (overvalued) / Green (undervalued)
4. Recommended use Timeframe
Recommendation Weekly / Monthly Best long-term signals
Daily Good balance
Log scale Be sure to activate! (Right-click on Y-axis → “Logarithmic scale”)
9. Strategy tips (based on the model)
Price near bottom --> Buy / accumulate
Price > 2.5× fair price --> Sell part of position / caution
Price between fair & bottom --> Strong buy zone
Deviation < -20% --> HODL signal
Translated with DeepL.com (free version)
Fair Price = theoretically “fair” price according to power law.
Bottom Price = lower support (historically ~58% below Fair Price).
Daily display as on the website – without external access.
Buy/sell signals in case of strong overvaluation/undervaluation.
2. Mathematical model (original formula)pinescript
Bottom Price = Fair Price × 0.42
→ Corresponds historically to ~58% below Fair Price.
Days since Genesis block are calculated automatically per bar.
3. What is displayed in the chart?
Fair Price Average power law line (“fair price”) Blue
Bottom Price Lower support (“floor”) Green
Power Law Corridor Filled area between 0.1× and 2.5× Fair Price Light blue (transparent)
Table (top right) Daily values as on the website Black with white text
Label (for >20% deviation) Shows current prices + percentage Red (overvalued) / Green (undervalued)
4. Recommended use Timeframe
Recommendation Weekly / Monthly Best long-term signals
Daily Good balance
Log scale Be sure to activate! (Right-click on Y-axis → “Logarithmic scale”)
9. Strategy tips (based on the model)
Price near bottom --> Buy / accumulate
Price > 2.5× fair price --> Sell part of position / caution
Price between fair & bottom --> Strong buy zone
Deviation < -20% --> HODL signal
Translated with DeepL.com (free version)
Versionshinweise
1. Purpose of the scriptLong-term Bitcoin valuation based on historical time (days since Genesis block)Fair Price = theoretically “fair” price according to power law.
Bottom Price = lower support (historically ~58% below Fair Price).
Daily display as on the website – without external access.
Buy/sell signals in case of strong overvaluation/undervaluation.
2. Mathematical model (original formula)pinescript
Bottom Price = Fair Price × 0.42
→ Corresponds historically to ~58% below Fair Price.
Days since Genesis block are calculated automatically per bar.
3. What is displayed in the chart?
Fair Price Average power law line (“fair price”) Blue
Bottom Price Lower support (“floor”) Green
Power Law Corridor Filled area between 0.1× and 2.5× Fair Price Light blue (transparent)
Table (top right) Daily values as on the website Black with white text
Label (for >20% deviation) Shows current prices + percentage Red (overvalued) / Green (undervalued)
4. Recommended use Timeframe
Recommendation Weekly / Monthly Best long-term signals
Daily Good balance
Log scale Be sure to activate! (Right-click on Y-axis → “Logarithmic scale”)
5. Strategy tips (based on the model)
Price near bottom --> Buy / accumulate
Price > 2.5× fair price --> Sell part of position / caution
Price between fair & bottom --> Strong buy zone
Deviation < -20% --> HODL signal
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.