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Crypto Voices

PE6: Logarithmic trendline on bitcoin price (IV)

16 Jan 2023

Description

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:39 Four basic trendlines 01:17 Diagram logarithmic trendline linear scale 01:43 Diagram logarithmic trendline log scale 03:17 Trolololo's logarithmic regression 06:50 Logarithmic regression formula 09:14 Logarithmic regression trendline 10:09 Mean 14:07 R-squared (34%) 15:40 Log scale 20:41 Predictive trend Here we run and explain a logarithmic trendline over the last 13+ years of bitcoin price data. Coefficients: y = a + b * ln(x) y = y-intercept + slope * ln(x) y = -103307 + 1434624% * ln(x) https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

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