PE18: Evolution of the bitcoin power trendline
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This is the eighteenth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
02:13 Current, all-time power trendline (95% R-squared)
06:50 Power trendline through 2010
12:50 Power trendline through 2013
18:35 Power trendline through 2016
26:40 Power trendline through 2019
29:10 Overall trendline price evolution
Here we run and explain a power trendline over the last 13+ years of bitcoin price data, and compare this all-time trend with those trendlines drawn from 2010 data, data up to 2013, up to 2016, and up to 2019.
Coefficients:
y = a * x ^ b
y = y-intercept * x ^ slope
y = 6.13E-18 * x ^ 590%
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Show content is not investment or financial advice in any way.
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