DD_Golf

Description: The DD_Golf indicator attempts to obtain the fair value of BTCUSD in terms of mining costs. It is very helpful in finding absolute bottom support and possible S/R levels. The blue line shows the approximate cost of mining a bitcoin. In other words that is the fair value. Usually if price breaks below it, then it goes much lower and tests the red line which happens to be the absolute bottom at half the cost of mining.

If you'd like access to this script, please send me a direct message.