README.md

Coinbase_Premium_Index in Python

CPI concept made by CryptoQuant

What means the Coinbase Premium Index(CPI)?
It shows difference between BTC/USD(in Coinbase pro) and BTC/USDT(in Binance).

CPI = (Coinbase Price) - (Binance Price) * (Tether Index)
CPI = BTC/USD - BTC/USDT * USDT/USD

It updates every 1~4 sec.
By checking CPI, we could predict that whales in US and Wall street sell or buy.
If CPI > (Constant) > 0 then, they bought.
If CPI < (Constant) < 0 then, they sold.

Acutally, I don't know size of Constant. I think... Constant > 50.
Recently, when BTC was 52 -> 54K, I saw CPI > 50.
Next day, BTC go 56K.

I use threading, tkinter, ccxt, time, tradingview_ta, cbpro module.
I try to construct thread...

Instruction

1. Download CPI.py
2. Install moudle

  pip install cbpro
  pip install ccxt
  pip install tradingview_ta

3. execute by IDE or make .exe
4. click start