#4 Linear trendline on bitcoin price

<p>Check out show sponsor Coinkite: https://coinkite.com/</p> <p>Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/</p> <p><br></p> <p>This is the fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.</p> <p><br></p> <p>Contents</p> <p>00:00 Intro</p> <p>00:20 Bitcoin brief history</p> <p>07:00 Linear regression formula</p> <p>07:48 Diagram linear trendline linear scale</p> <p>08:27 Diagram linear trendline log scale</p> <p>10:55 Linear regression line</p> <p>13:40 Mean</p> <p>18:00 R-squared (50%)</p> <p>19:37 Predictive trend</p> <p><br></p> <p>Here we run and explain a linear trendline over the last 13+ years of bitcoin price data.</p> <p><br></p> <p>Coefficients:</p> <p>y = a + b * x</p> <p>y = y-intercept + slope * x</p> <p>y = -13016 + 765% * x</p> <p><br></p> <p>https://porkopolis.io</p> <p>https://twitter.com/crypto_voices</p> <p><br></p> <p>Show content is not investment or financial advice in any way.</p>