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Bitcoin Difficulty Ribbon

The Bitcoin Difficulty Ribbon is based on Willy Woo's implementation and it gauges the selling pressure experienced by Bitcoin miners.
The Bitcoin Network Difficulty is a measure of how complicated it is to find the next block, compared to the ease of finding the easiest possible one.
When the difficulty decreases it's a hint that the mining sector is experiencing difficulties and the longer it contracts, the more miners might get out of business.
During these contracting times, the Difficulty Ribbon narrows and becomes a significant proxy to recognize cycle bottoms.
Default settings: Daily Time Frame and SMA mode.
Credit: Willy Woo
The Bitcoin Network Difficulty is a measure of how complicated it is to find the next block, compared to the ease of finding the easiest possible one.
When the difficulty decreases it's a hint that the mining sector is experiencing difficulties and the longer it contracts, the more miners might get out of business.
During these contracting times, the Difficulty Ribbon narrows and becomes a significant proxy to recognize cycle bottoms.
Default settings: Daily Time Frame and SMA mode.
Credit: Willy Woo
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I develop indicators meant to be useful, profitable and good looking.
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受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
I develop indicators meant to be useful, profitable and good looking.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。