PE17: Power trend percentiles 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 seventeenth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
01:21 Centralized exchange problems in BTC history
05:20 Power regression trendline (95% R-squared)
07:07 1-sigma bands
07:50 2-sigma bands
08:27 Predictive trend
10:05 Log scale
11:06 Log-log scale
13:50 Finance is not a bell curve
20:27 Power trend summary
Here we run and explain a power trendline over the last 13+ years of bitcoin price data, as well as 1-sigma and 2-sigma percentile bands around the trendline.
Coefficients:
y = a * x ^ b
y = y-intercept * x ^ slope
y = 6.12E-18 * x ^ 590%
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
Create your
podcast in
minutes
It is Free