Menu





Bitcoin Logarithmic Growth Curves

Source: lookintobitcoin.com

Loading...


Access Indicator Alerts
To zoom in on chart detail: left-click and drag. To zoom back out: double-click.

Indicator Overview

Logarithmic analysis is a statistical approach that uses historical data to forecast and predict future prices. In this case, the Logarithmic growth curve takes all the historical price data of Bitcoin and uses log growth analysis to develop curves that project a potential path of future price growth.

The indicator only uses historical price data. Beyond direct price, it does not use any analysis of market participant behavior (in contrast to other models such as RHODL Ratio or 1yr HODL Waves).

How To Use The Logarithmic Growth Curve Chart

Historically, we have seen that price tends to bounce between the upper and lower bounds of the logarithmic growth curve. The reason for this is that Bitcoin moves through market cycles. It is worth noting that price does not have to stay inside the curves. In fact we can see an example of where it briefly did not during the March 2020 covid crash, before then price corrected and came back into the log growth curves.

Bitcoin Price Prediction Using This Tool

Assuming Bitcoin continues to be adopted over time this chart can be used as a price prediction tool where there is potential for there to be resistance on the upper boundary and support on the lower boundary. The price levels of those boundaries can be seen by hovering over them. Because the curves can be calculated on a forward-looking basis, it is possible to forecast where the price of Bitcoin may move towards in the future.

Created By

Cole Garner and @quantadelic

Inspired by the work of Harold Christopher Burger

Date Created

December 2019

Fall Further Down The Rabbit Hole

Check out this thread by Cole Garner on Twitter

Inspired by this article from Harold Christopher Burger: Bitcoin's natural long-term power corridor of growth

Similar Live Charts That You May Find Useful

Another live chart that attempts to develop a Bitcoin price prediction is the Stock to flow indicator. It uses a different approach by looking at the supply of Bitcoin over time and using regression analysis to forecast future Bitcoin prices.



Back To Main Charts Page

Any information on this site is not to be considered as financial advice. Please review the Disclaimer section for more information.