OPEN-SOURCE SCRIPT
BTC vs Russell2000
Description
The BTC vs Russell2000 – Weekly Cycle Map compares Bitcoin’s performance against the Russell 2000 (IWM) to identify long-term risk-on and risk-off market regimes.
The indicator calculates the BTC/RUT ratio on a weekly timeframe and applies a moving average filter to highlight macro momentum shifts.
White line: BTC/RUT ratio (Bitcoin relative strength vs small-cap equities)
Yellow line: Weekly SMA of the ratio (trend filter)
Green background: BTC outperforming → macro bull regime
Red background: Russell 2000 outperforming → macro bear regime
Halving markers: Visual reference points for Bitcoin market cycles
This tool is designed to help traders understand capital rotation between crypto and traditional markets, improve timing of macro entries, and visualize where Bitcoin stands within its broader cycle.
The BTC vs Russell2000 – Weekly Cycle Map compares Bitcoin’s performance against the Russell 2000 (IWM) to identify long-term risk-on and risk-off market regimes.
The indicator calculates the BTC/RUT ratio on a weekly timeframe and applies a moving average filter to highlight macro momentum shifts.
White line: BTC/RUT ratio (Bitcoin relative strength vs small-cap equities)
Yellow line: Weekly SMA of the ratio (trend filter)
Green background: BTC outperforming → macro bull regime
Red background: Russell 2000 outperforming → macro bear regime
Halving markers: Visual reference points for Bitcoin market cycles
This tool is designed to help traders understand capital rotation between crypto and traditional markets, improve timing of macro entries, and visualize where Bitcoin stands within its broader cycle.
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。