MultiversX Tracker is Live!

BTC log regression (high correlation)

Bitcoin Reddit

More / Bitcoin Reddit 111 Views

BTC log regression (high correlation)

Got bored so I took a log regression of BTC on log scale cause I do a lot of trading on log scale... The correlation of it looks very solid and it is likely for BTC to hit just below 400k by 2029...
To get this I took the high and low of BTC from every year (14 years * 2 points) to get 28 points. Converted their prices into log scale (log scale shows the percentage difference between movements... 1-10-100 = same distance)... and got a very strong correlation log regression... Hoping this plays out

https://preview.redd.it/m3e79jv7xnkb1.jpg?828&format=pjpg&auto=webp&s=88df188a9a44918eb81f46a1cab22911e5f77907

submitted by /u/HELLATOASTY203
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments