RLTrader
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Suggest Dimensions (Bitcoin Enters New Era)
Bitcoin has undergone massive change and different than any other asset class. Its progression is logarithmic and now we have new data since this rebound. I was recently reading this article. I usually keep these things to myself but I like your repo. I submit to you as suggested metrics of dimensionality: https://medium.com/@Jamesybonney/bitcoin-enters-a-new-era-of-analytics-b909ef67ebcc
Signals described:
- NVT Ratio: Ratio of the Market Cap divided by the Volume transmitted on the network
- NVT Signal: Network Value divided by the 90 day moving average of transaction value.
- BDD: The quantity of Bitcoin multiplied by the number of days since those coins were moved.
- Adj BDD: BDD divided by the circulating supply.
- MVOCD: 30 day MA of USD daily price extrapolated from BDD (Not 100% clear on this one).
- MVRV-z Ratio: Market Cap / Realised Cap (Price at time coin last moved * Circulating Supply)