Todo marcha a la perfección

A consistent march forward forever

Interesting that in previous cycles the price blasted through the linear regression fit, but this time it appears to be acting as resistance.

Still intact!

Beautiful

Starting date for date: 2014/09/07

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I've always been a big fan of the power law... Some will dismiss it but i like it .

I still wonder if this model will get rekt at some point?

The only people against power law are the moonboys who make a living by selling hype, or the analysts who make a living by selling price analysis.

In reality, unless you're a trader, the power law provides about 90% of the price info that you need to know. No need for expensive subscriptions and complicated onchain metrics. Just this one, simple chart (which you can build yourself in Excel) tells you enough.

WORK HARD. STACK SATS. 🔥🔥🔥

In my opinion it's a mistake to start that chart so early, the network had crazy volatility in block times and hashrate back then because it was so small. Effectively the Bitcoin engine was just getting started and took a few years to get it's flow.

Starting the observations when things stabilized, right around the 2013 bull cycle; tracking the bottoms since then, adjusting for global macro events, appears to make a much more reliable trend line measurement and projection IMO. I've made posts with more details on my page if any of y'all want to know more.

My observations show were right on the bottom trend line, it has just fallen due to events in 2020/2021. Not crazy times, just normal times. Those paying attention benefit, those too distracted by the FIAT world continue to ignore it.

My big issue with the power law, for price anyway, is that it treats dollars like a measuring stick that isn't made out of flubber.

There are other places where it seems sound. But fiat price seem only coincidental, as the Fed/treasury could break that with a snap of their fingers.