View charts in Landscape for optimal mobile experience. For full functionality and best user experience view this website on laptop or desktop.
Black Friday Banner

Bitcoin: Balanced Price

Loading...

Zoom in with touchscreen: Touch and hold with ONE finger then drag.

Zoom in on desktop: Left click and drag.

Reset: Double click.

Indicator overview

This is an on-chain indicator used for Bitcoin price prediction at the bear market lows. This means that it is trying to identify the lowest price that Bitcoin may drop to in the future.

It is calculated by subtracting Transferred Price from Realized Price.

Transferred price takes the sum of Coin Days Destroyed and divides it by the existing supply of bitcoin and the time it has been in circulation. The value of Transferred Price is then multiplied by 21. Remember that there can only ever be 21 million bitcoin mined.

Realized Price is the cost-basis value of all bitcoin in circulation. You can learn more about it here.

Fall further down the rabbit hole

Balanced price was created by David Puell.

You May Also Be Interested In

Percent Addresses in Profit screenshot
Percent Addresses in Profit

The Percentage of Bitcoin Addresses in Profit.

Reserve Risk screenshot
Reserve Risk

Long term Bitcoin investor confidence relative to Bitcoin price.

Top Cap screenshot
Top Cap

Pricing model for identifying Bitcoin bull market highs.

Make smarter decisions about Bitcoin. Instantly.

Access the Bitcoin and Global Macro Charts that really drive Bitcoin’s price.

+40 chart alerts. Never miss critical levels on charts again.

Analysis newsletter. Manage your emotions at market extremes.

Private Tradingview indicators. See Bitcoin chart levels in real time!

Cancel anytime.

Learn More

Any information on this site is not to be considered as financial advice. Please review the Disclaimer section for more information.