ratiofreedom on Nostr: 📈Bitcoin Analytics📈 The #Bitcoin Power-Law Model charts Bitcoin's price against ...
📈Bitcoin Analytics📈
The #Bitcoin Power-Law Model charts Bitcoin's price against time on a log-log scale. This model has shown a strong historical correlation (R² = 0.953) mapping out its growth trajectory.
This model provides a robust look at Bitcoin's past pricing trends.
The Bitcoin Power-Law Model should be used cautiously for forecasting. It's a tool for understanding growth patterns rather than a crystal ball for future prices.
Credit to Giovanni for pioneering this metric. A valuable framework for those studying Bitcoin's economic dynamics!
Patreon Link: /ScaleInvariant
Medium Link: giovannisantostasi
The #Bitcoin Power-Law Model charts Bitcoin's price against time on a log-log scale. This model has shown a strong historical correlation (R² = 0.953) mapping out its growth trajectory.
This model provides a robust look at Bitcoin's past pricing trends.
The Bitcoin Power-Law Model should be used cautiously for forecasting. It's a tool for understanding growth patterns rather than a crystal ball for future prices.
Credit to Giovanni for pioneering this metric. A valuable framework for those studying Bitcoin's economic dynamics!
Patreon Link: /ScaleInvariant
Medium Link: giovannisantostasi