FAQs

Bitcoin Realized Price Bands FAQs

What exactly is the "Realized Price"?

The Realized Price is an on-chain metric. Instead of valuing each Bitcoin at the current spot price, it values each Bitcoin at the price it last moved on the blockchain. This effectively calculates the average cost basis of all holders.

Can I use this indicator on Altcoins?

No, this specific indicator fetches Bitcoin's specific on-chain Realized Cap data. It is only accurate for Bitcoin (BTCUSD, BTCUSDT).

What does the MVRV Oscillator show?

The MVRV (Market Value to Realized Value) ratio compares the current spot price to the Realized Price. A high MVRV indicates the market is holding large unrealized profits (bubble risk), while a low MVRV indicates aggregate unrealized losses (bottoming territory).

How do I turn off the candle coloring if it conflicts with my chart?

You can disable the custom candle coloring via the indicator's settings panel under the "Style" tab.

How do I set up alerts for the signals?

You can create standard TradingView alerts on the indicator and select the Long and Short crossover conditions to be notified when Bitcoin crosses critical macro valuation thresholds.