PE10: Power trendline on bitcoin price (VIII)
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This is the tenth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
00:30 Four basic trendlines
00:58 Power regression formula
02:26 Diagram power trendline linear scale
03:17 Diagram power trendline log scale
05:25 Diagram power trendline log-log scale
07:50 Power regression trendline
09:53 Mean
12:15 R-squared (95%)
13:55 Predictive trend
16:44 Log scale
22:04 Log-log scale
25:45 Final summary of all four trends for bitcoin!
Here we run and explain a power trendline over the last 13+ years of bitcoin price data.
Coefficients:
y = a * x ^ b
y = y-intercept * x ^ slope
y = 5.94E-18 * x ^ 591%
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
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