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Bitcoin Premium for Bitfinex and Coinbase By CompoundWater

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Bitcoin Premium for Bitfinex and Coinbase By CompoundWater

Timing and Application:
When the crypto trend is obviously positive for a long time frame, give short-term investors a reference.

Purpose:
This is for Bitcoin Price between Bitfinex(BFX) and Coinbase(CB)
and give you some hint when to be careful and when to find chance to buy/long BTC.

if
(BFX – CB ) Bitcoin Price:
< 0 will show red line below
> 0 will show green line below

Action:
💀 show (BFX – CB <0 too much): Be care market may be too greed!
💗 show (BFX – CB >0 too much ): Try to find some chance to long BTC!

Why?
There are many big and old players in Bitfinex.
Coinbase may has more small investors and new user.

Data source: Coinbase/Bitfinex BTCUSD
The indicator is recommended to be applied in 4hr timeframes.

Disclaimer: only for learning reference, please consider by yourselves

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.