This indicator assesses the momentum in the percentage of circulating supply in profit, subtly highlighting trends by applying a transformation on the base metric. This indicator is used as one of the main feature of the BSS model.

This is the Point-in-Time (PiT) variant of Bitcoin Sharpe Signal - Indicator IV. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.