ExploreTrendingAnalytics
Nostr Archives
ExploreTrendingAnalytics
josh10d ago
I bet this is a chart not many of you have seen before: block subsidy price.
💬 2 replies

Replies (2)

josh10d ago
For those interested: ``` //@version=5 indicator("BTC Price × Mining Subsidy", overlay=true) // Halving dates (approximate) halving1 = timestamp(2012, 11, 28, 0, 0) halving2 = timestamp(2016, 7, 9, 0, 0) halving3 = timestamp(2020, 5, 11, 0, 0) halving4 = timestamp(2024, 4, 20, 0, 0) halving5 = timestamp(2028, 3, 15, 0, 0) subsidy = if time < halving1 50.0 else if time < halving2 25.0 else if time < halving3 12.5 else if time < halving4 6.25 else if time < halving5 3.125 else 1.5625 plotcandle(open * subsidy, high * subsidy, low * subsidy, close * subsidy, title="BTC × Subsidy", color=close >= open ? color.green : color.red, wickcolor=close >= open ? color.green : color.red, bordercolor=close >= open ? color.green : color.red) ```
0000 sats
Matt8d ago
Neat!
0000 sats