BTC closing price divided by Hashrate
This indicator uses the following formula:
BTC Price / BTC Hash Rate
Onchain data has in the past been used successfully to correlate with future price action and sentiment. This indicator can be used to see when the price is oversold / overbought in relation to the Hash rate.
BTC Price / BTC Hash Rate
Onchain data has in the past been used successfully to correlate with future price action and sentiment. This indicator can be used to see when the price is oversold / overbought in relation to the Hash rate.