Indicator Overview

The Miner Revenue Strength indicator distils Bitcoin miners’ daily USD revenue into a powerful momentum oscillator by applying a Wilder’s RSI, taking an SMA of that RSI, and scaling the result around a neutral level of 50. The output is displayed as a gradient line that transitions from deep green (extreme weakness, revenue collapse) to bright lime green (maximum strength, explosive income growth). Bitcoin price is overlaid on a secondary logarithmic axis in white, with a neutral line at 50 for instant regime reference.

How To Use

Bright lime green readings well above 85 signal extreme revenue strength and historically coincide with parabolic price advances, peak miner profitability, and the final stages of bull runs, ideal zones for caution or profit-taking. Deep green readings below 15 reveal severe revenue weakness and typically mark capitulation phases, post-crash bottoms, or the deepest bear market troughs, creating some of the strongest accumulation opportunities in Bitcoin’s history.

Price rallying while strength fades (green darkening) warns of distribution and impending corrections, whereas price weakness with rising strength (green brightening) suggests resilient miner income and high-probability rebounds. Traders monitor spikes into bright green as sell signals, plunges into deep green as generational buy signals, and the 50 neutral line as the primary bull/bear divider, making Miner Revenue Strength one of the most effective tools for identifying supply-side conviction and timing major cycle turning points in Bitcoin markets.