PE57: Those sweet POWER trendlines on bitcoin price

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the fifty-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.

Contents

00:00 Intro

00:20 Log scale

01:20 Best BTC-fitting trend is power trendline

02:20 2010 power trendline

05:20 2012 power trendline

06:10 2014 power trendline

07:30 2016 power trendline

09:45 2018, 2019, 2020, 2022 & all-time trendlines

10:40 What do these good-fitting trends tell us about today?

12:04 What about projecting to 2030?

Here we look at the best fitting trendlines across Bitcoin's USD-pricing data; from 2010, all the way until 2022, as well as all-time trendline (until 13 April 2023).

All-time trend coefficients:

y = a * x ^ b

y = y-intercept * x ^ slope

y = 7.23E-18 * x ^ 588%

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.