Sure thing! The formula is:

$50 * 1.002046^X * 0.88*0.27

X = Number of days since July 1st, 2013, the calculation start date (Start of 2013 bull run).

Trend line price on July 1st, 2013 = $50

(General estimate working backwards from overall trend observed in later years)

Adding in 0.88 to account for the observed ~12%~ drop in trend due to 2020 COVID Crash global macro event, and 0.27 to account for observed ~73%~ drop in trend due to 2021 mid bull run Chinese total mining ban macro event.

(Those are the only 2 macro events to affect bitcoin's growth trajectory, and only global macro events can. Bitcoin is global, so only global events can noticable affect it's long term growth.)

For instance, today is 4400 days since 07/01/13, so the formula would be:

$50 * 1.002046^4400 * 0.88 * 0.27

Which equals a trend line value of: $95,612.55

Taking the actual price today of about $118,000 gives us price-over-trend ratio of 1.234.

A pretty average day for Bitcoin as it is very commonly between ratios of 1.05 - 1.6, outside of bull runs where the ratio reaches full multiples of the trend line.

🤟

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Thank you for this detailed response. I appreciate you being will to share this knowledge. Great tool for long term planning.