The best indicator for Bitcoin's bottom right now is the crossover of Realized Losses and Realized Profits πΈThe video shows that the indicator worked perfectly in previous cycles and hasn't yet given a signal that the bottom has been reached.Analytics platforms hide Realized Losses and Realized Profits behind a paid subscription, so for you, we created a new similar indicator for TradingView (see screenshot), which you can add in 5 minutes and use completely free πHow to add the indicator:1. Log into your TradingView account, open the BTC/USD candlestick chart, select the 1W timeframe, and switch to a logarithmic scale.2. In the bottom right corner, open the menu (the circle icon with dots) and select "Pine Editor".3. A code window will open; clear the default template and paste the code below://@version=5 indicator("BTC Realized P/L Exact Video [Final]", shorttitle="RPL Video Final", overlay=true) //==========================================// 1. DEFAULT SETTINGS// ==========================================ema_len = input.int(59, "EMA Smoothing Length (weeks)", minval=1)spread_mult = input.float(44.0, "Line Spread (Separate yellow/blue)", minval=1.0)level_shift = input.float(0.18, "Line Level Below Price (18% of BTC)", minval=0.05, maxval=0.5)// ==========================================// 2. DATA AND EMA SMOOTHING// ==========================================sopr_raw = request.security("GLASSNODE:BTC_SOPR", "W", close)sopr_smooth = ta.ema(sopr_raw, ema_len)// Baseline below candles (18% of BTC price)base_line = ta.sma(close, 80) * level_shift// ==========================================// 3. LINE SPREAD CALCULATION// ==========================================dev = (sopr_smooth - 1.0) * spread_multprofit_line = base_line * math.exp(dev)loss_line = base_line * math.exp(-dev)// ==========================================// 4. LINE PLOTTING// ==========================================p_prof = plot(profit_line, "Realized Profit (Yellow)", color=#FFC107, linewidth=2)p_loss = plot(loss_line, "Realized Loss (Blue)", color=#2196F3, linewidth=2)// ==========================================// 5. CAPITULATION ZONES AND BUY SIGNAL// ==========================================is_capitulation = loss_line > profit_line// Red background and fill between linesbgcolor(is_capitulation ? color.new(#FF5252, 85) : na, title="Bottom Zone")fill(p_loss, p_prof, color = is_capitulation ? color.new(#FF5252, 60) : na, title="Gap Fill")// Buy signal triangle below candles at the crossover momentsignal_buy = ta.crossover(loss_line, profit_line)plotshape(signal_buy, title="Buy Signal", style=shape.triangleup, location=location.belowbar, color=#FF5252, size=size.normal)4. Click "Save" and "Add to chart" at the top of the editor.No indicator provides a 100% guarantee, but this one has worked flawlessly through all previous cycles. Save this indicator for yourself and share it with your friends π
β Coin Post β Money, Investments, Bitcoin
Coin Post β Money, Investments, Bitcoin
12 August 2026, 14:01
346 views
The conversation
This channel has no discussion group attached, so there are no comments to read. Most broadcast channels β Binance, Moneycontrol, Whale Alert β have them switched off. If it does have one, add it on the channel list.