Showing posts with label Bitcoin Power Law Growth Corridor. Show all posts
Showing posts with label Bitcoin Power Law Growth Corridor. Show all posts

Monday, August 19, 2024

The Bitcoin Power Law: A few simple graphs and tables

In 10 years Bitcoin is expected to increase by at least 600%. This is the “touching cloth” support line according to the BTC PowerLaw:
$50,000 = $300,000
$100,000 = $600,000
$250,000 = $1.4 Million
$500,000 = $3 Million
$1 Million = $6 Million
In 10 years Bitcoin is expected to increase by at least 600%.


If you hold (hodl) your Bitcoin for 10 years, until 2033 then 1 Bitcoin will be no lower than $300,000 USD. This is according to the Bitcoin PowerLaw.
Called the “touching cloth” line… … Here is a 10-year graph (2024–2033) showing the lowest/support line for the Bitcoin price using the PowerLaw.
0-year graph (2024–2033) showing the lowest/support
Called the “touching cloth” line

Here is a table for the next 10 years (2024–2033) showing the lowest/support line for the Bitcoin price using the PowerLaw. This is a conservative way of looking at things.
0-year graph (2024–2033) showing the lowest/support

4-Year graph and table of the Log/Log Bitcoin Power Law. Shows “lowest/support” Bitcoin Price for halving years 2012–2048. This is all you need.


4-Year graph and table of the Log/Log Bitcoin Power Law

4-Year graph and table of the Log/Log Bitcoin Power Law

Inspired by the work of: @Giovann35084111 | @hcburger1 | @dotkrueger | @apsk32 | @math_sci_tech | + others

Friday, December 15, 2023

The Bitcoin Power Law Growth Corridor (by Harold Burger)... excellent video explanation

The Bitcoin Power Law Growth Corridor (by Harold Burger)... excellent video explanation by Chad Thackray

The Bitcoin Power Law Growth Corridor (by Harold Burger)

https://youtu.be/wfi-bst4hmA?si=jolV5-xhxa7JhNrr

Text from YouTube video:

"We implement a model popularised by Harold Burger, which uses a log-log chart of bitcoin and then applies linear regression to establish a long term corridor of price action, which has worked well over the past 10 years. It's a useful indicator to zoom out and see the big picture, without getting worked up over day to day price action."

See also:

https://medium.com/quantodian-publications/bitcoins-natural-long-term-power-law-corridor-of-growth-649d0e9b3c94

Any date from 2009 to 2051 Bitcoin Price (Log/Log) Power Law Growth Corridor

Bitcoin Price Growth Corridor Log/Log Power Law Inspired by 1) Giovanni's BTC_POWER_LAW @Giovann3508411 2) Harold Burger @hcburger1 Date...