Wednesday, 3 March 2021

Bitcoin Logarithmic Regression: Reconciling Two Models

We often use logarithmic regression to better understand the path that Bitcoin and the entire cryptocurrency asset class is on. We first look at the Bitcoin logarithmic regression fit to "non-bubble" data and look at our historic macro down-trend line. We then discuss this in light of the total cryptocurrency market capitalization fit to all data. While we could be approaching a local top within a couple of months, there is a decent amount of evidence to suggest we are no where near the market cycle top. TA Video by Benjamin Cowen.