Delta Price

A hybrid metric combining market cap and realized cap to identify long-term bottoms.

Formula

D e l t a C a p = M a r k e t C a p R e a l i z e d C a p DeltaCap = MarketCap - RealizedCap
D e l t a P r i c e = D e l t a C a p C i r c u l a t i n g S u p p l y DeltaPrice = \frac{DeltaCap}{CirculatingSupply}

Signal
When BTC price touches Delta Price, it has historically marked generational bottom zones.

Available Metrics