apsk32 (@apsk32) header
apsk32 (@apsk32) profile picture

Engineer. Bitcoin, data viz., space, art

Joined October 2022
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Bitcoin - Power Curve - Time Contours
38
248
29
1,242
148,872
Knock knock
19
35
6
442
28,162
Removed "support" from the legend. It was never the right name. Parameters of the fit were not changed.
Replying to @apsk32
FYI: The curve fit here is defined as the power curve where price is below the trend 5% of the time. That's about 18 days a year. The last few years have been well above the trend. To prevent refitting, price would *need* to go under the line for a month or more. This is one reason why I don't expect a V-shaped recovery. Though, Bitcoin is under no obligation to obey the fit. But don't @ me if it goes under, I expect it.
18
6
1
105
12,673
For the log enjoyers
5
11
1
89
8,046
I'm not refitting this thing. Refitting a trendline that gets lowered every 3-4 years while also projecting it forward 10+ years is for the birds. It either holds or I walk away.
19
9
169
8,474