Showing posts with label Harold Burger. Show all posts
Showing posts with label Harold Burger. Show all posts

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

Saturday, June 3, 2023

Bitcoin Price Log/Log Power Law Growth Corridor (Inspired by Harold Burger) up to the year 2050

The Bitcoin Price Log/Log Power Law Growth Corridor (Inspired by Harold Burger).

Data presented in table format from 2009 - 2050. 

Find any date and see the Mid, Low or High price in US Dollars.

Notice how close the price of Bitcoin in US Dollars was in November 2022 to the "Low" within the log/log power law corridor of growth...

https://bbcdsatoshi.com/gallery/Live%20Bitcoin%20Price%20Log%20Log%20Power%20Law%20Data%20BBCDSatoshi.html




Wednesday, May 10, 2023

Bitcoin price prediction 2023 - 2033 lowest price based on log log power law devised by Harold Burger

Forecasting Bitcoin's Minimum Value. This provides an estimate of the lowest potential value, expressed in US Dollars (USD), for a single unit of Bitcoin (BTC) based on the logarithmic power law model developed by Harold Burger. It's crucial to underscore that these figures represent the absolute minimum values, suggesting that actual prices could only be higher.

Please approach these predictions with an understanding of their inherent uncertainty.

2023: $16,000
2024: $24,000
2025: $35,000
2026: $50,000
2027: $70,000
2028: $95,000
2029: $125,000
2030: $165,000
2031: $225,000
2032: $285,000
2033: $375,000

















5 months into 2024 (Halving, Bitcoin ETF, FTX Sam Bankman-Fried, and Craig Wright is not Satoshi Nakamoto, Changpeng Zhao (CZ), Roger Ver (Bitcoin Jesus))

5 months into 2024 and already these major events have happened: 1. The  Bitcoin Halving  (reducing supply from 6.25 to 3.125 BTC) 2. The  ...