BTC Safu Bitcoin Macro Score: 1.855
Four daily measures in one 0โ4 score: Bitcoin value versus the price coins last moved at, mining-revenue conditions, the share of coins in profit, and price versus its 200-day average. Higher means those measures sit nearer the top of their own recent ranges.
A Safu-designed summary of valuation, mining revenue, holder profitability and price trend. Each input contributes 0 to 1 point, for a total between 0 and 4.
For example, four inputs each halfway through their own past ranges add up to 2. A score near 4 means most inputs are high relative to their own history. It is not proof of a market top, a probability, or a buy/sell instruction.
Inputs: market value / realized value (MVRV); daily estimated mining revenue / its 365-day average (Puell); profitable BTC supply / total supply; daily price / its 200-calendar-day mean. Rank each input against the preceding 1,460 days plus the current observation, using (days below + half ties) / observed days; add the four ranks. At least 365 complete input observations are required. No future observations enter a historical score.
This is a new Safu formula, not the discontinued provider index or Capriole's proprietary model. Mining revenue uses the existing Safu estimate: 144 blocks/day ร the scheduled subsidy, plus recorded fees where available, valued at the daily price. Address transfers are not necessarily sales and realized value is not an audited purchase price. Early windows have less than four years of context. Today's prices and balances can change.
Safu own-index realized cap, supply and profitable supply; stored daily Bitcoin prices; existing Safu Puell calculation.
Safu calculation ยท own Bitcoin index and stored daily prices ยท independently defined formula