PE69: How often is Bitcoin UNDER trend??
from Crypto Voices Hosted by Matthew Mezinskis
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ 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 00:00 Intro 01:01 First times breaking above & below 03:06 Into and out of crypto winter 06:21 Nov-2018 puke below 07:51 Trends around 2021 double top 12:55 Closing answers!! 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.
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