Crypto Voices
Crypto Voices
Matthew Mezinskis
PE69: How often is Bitcoin UNDER trend??
16 minutes Posted May 17, 2023 at 11:49 am.
Intro
First times breaking above & below
Into and out of crypto winter
Nov-2018 puke below
Trends around 2021 double top
Closing answers!!
0:00
16:13
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Show notes
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This is the sixty-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.
Contents
Here I talk about the power regression trendlines over Bitcoin's price. From Bitcoin Pizza day in 2010, to the present. Three questions I answer in this video:
1) How many times has Bitcoin's price pierced its trendline?
2) What % of the time overall is this movement?
3) Does Bitcoin's price stay above its trendline more or less than under?
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:
Yesterday's power regression: https://www.youtube.com/watch?v=yUTigJRqwA0
Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.