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TotM - BTC Price Momentum (30-day)

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🇬🇧 ENGLISH VERSION

A simple and effective 30-day momentum indicator for Bitcoin.

This indicator calculates the 30-day price momentum of Bitcoin, expressed as a percentage change from the closing price 30 bars ago. It's a lightweight and visual tool to assess short-term strength or overheating of price movements.

  • 🟦 Blue = positive momentum
  • 🔴 Red = overheated (> +40%)
  • ⚫ Gray = negative momentum


Reference lines at 0% and 40% mark equilibrium and overbought zones.

Feel free to customize it for other assets or timeframes.
For educational use only – not financial advice.
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