PE69: How often is Bitcoin UNDER trend??

<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 sixty-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.</p> <p><br></p> <p>Contents</p> <p>00:00 Intro</p> <p>01:01 First times breaking above &amp; below</p> <p>03:06 Into and out of crypto winter</p> <p>06:21 Nov-2018 puke below</p> <p>07:51 Trends around 2021 double top</p> <p>12:55 Closing answers!!</p> <p><br></p> <p>Here I talk about the power regression trendlines over Bitcoin&#39;s price. From Bitcoin Pizza day in 2010, to the present. Three questions I answer in this video:</p> <p>1) How many times has Bitcoin&#39;s price pierced its trendline?</p> <p>2) What % of the time overall is this movement?</p> <p>3) Does Bitcoin&#39;s price stay above its trendline more or less than under?</p> <p><br></p> <p>All-time trend coefficients to draw it yourself:</p> <p>Power formula: y = a * x ^ b</p> <p>Coefficients found: y = 7.70E-18 * x ^ 587%</p> <p><br></p> <p>Prior videos with further info:</p> <p>Yesterday&#39;s power regression: https://www.youtube.com/watch?v=yUTigJRqwA0</p> <p><br></p> <p>Host: Matthew Mezinskis</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>