Bitcoin Liquid IndexUpdated Quick Bitcoin Valuation Model
This indicator uses On chain Transactions and Total Bitcoins to arrive at an under/over valuation.
You need to change the scale to Log, i couldn't work out how to do it, if you can tell me i will update the script.
You need to change the scale to Log, i couldn't work out how to do it, if you can tell me i will update the script.
Note
>1 Overvalued <1 Undervalued
>2 - Severe Overvaluation
<0.5 Severe Undervaluation
Note
Link to the pine script.. Noob error. 
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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.