#10 Power trendline on bitcoin price

<p>Check out show sponsor Coinkite: https://coinkite.com/</p> <p>Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/</p> <p><br></p> <p>This is the tenth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.</p> <p><br></p> <p>Contents</p> <p>00:00 Intro</p> <p>00:30 Four basic trendlines</p> <p>00:58 Power regression formula</p> <p>02:26 Diagram power trendline linear scale</p> <p>03:17 Diagram power trendline log scale</p> <p>05:25 Diagram power trendline log-log scale</p> <p>07:50 Power regression trendline</p> <p>09:53 Mean</p> <p>12:15 R-squared (95%)</p> <p>13:55 Predictive trend</p> <p>16:44 Log scale</p> <p>22:04 Log-log scale</p> <p>25:45 Final summary of all four trends for bitcoin!</p> <p><br></p> <p>Here we run and explain a power trendline over the last 13+ years of bitcoin price data.</p> <p><br></p> <p>Coefficients:</p> <p>y = a * x ^ b</p> <p>y = y-intercept * x ^ slope</p> <p>y = 5.94E-18 * x ^ 591%</p> <p><br></p> <p>https://porkopolis.io</p> <p>https://twitter.com/crypto_voices</p> <p><br></p> <p>Show content is not investment or financial advice in any way.</p>