Bitcoin (BTC) Difficulty Ribbon Indicator

The Difficulty Ribbon is an indicator which uses simple moving averages on the Bitcoin mining difficulty to identify mining activity. Just as 200d, 128d, 90d, 60d, 40d, 25d and 14d moving averages are most commonly watched on the price to identify trends, mining difficulty ribbons are those same averages applied to difficulty. Created by Willy Woo.