I like the idea of the power cure / power law and this is my favorite tool to fiddle with. Fred Krueger and Ben Sigman - both on Twitter - made it. You can get the app as well - it’s free.
- The model price is the key.
- It goes up about $90 a day at the current rate.
- The multiplier tells you how far ahead of the model we are.
- Then you can click on the graph and pull the line back and forth to see what the power curve should be and the low and high band at the same date.
There are other fun things in there two. I can see it as a great way to orange pill someone who understands CAGR.
Here’s a quick video of it in action.
Time will tell if this model continues to hold. I hope it does.
#powercurve #powerlaw #bitcoin #orangepill
https://blossom.primal.net/0f40eca2574832f36d673658dbfd5c96f76dc636cf7a17b17012b0dff3a8f775.mov