PE4: Linear trendline on bitcoin price (II)

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

Contents

00:00 Intro

00:20 Bitcoin brief history

07:00 Linear regression formula

07:48 Diagram linear trendline linear scale

08:27 Diagram linear trendline log scale

10:55 Linear regression line

13:40 Mean

18:00 R-squared (50%)

19:37 Predictive trend

Here we run and explain a linear trendline over the last 13+ years of bitcoin price data.

Coefficients:

y = a + b * x

y = y-intercept + slope * x

y = -13016 + 765% * x

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