Crypto Voices

PE68: What's the BTC price trending at???

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-eighth video installment from Porkopolis Economics, cove...

2023-05-16

Episode notes

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


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




This is the sixty-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.




Contents


00:00 Intro


00:58 Power trendline all-time


02:05 Working backwards in time


04:17 Dec-2030 trend predictions


07:32 The trends do NOT always fall


09:26 Signal not noise




Here I talk about the power regression trendlines over Bitcoin's price. From only looking at 2010, to the all-time trendline. We've looked at this before. Important to note that Bitcoin's all-time trend sometimes move up, and sometimes moves down. Follow the signal, not the noise!




All-time trend coefficients to draw it yourself:


Power formula: y = a * x ^ b


Coefficients found: y = 7.70E-18 * x ^ 587%




Prior videos with further info:


Original power regression: https://www.youtube.com/watch?v=FU2P_jJwVZ0


Evolution if power trends: https://www.youtube.com/watch?v=H8Up3Xvmv_4




Host: Matthew Mezinskis


https://porkopolis.io


https://twitter.com/crypto_voices




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