PE4: Linear trendline on bitcoin price (II)

Check out show sponsor Coinkite: https://coinkite.com/
Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.

Contents
00:00 Intro
00:20 Bitcoin brief history
07:00 Linear regression formula
07:48 Diagram linear trendline linear scale
08:27 Diagram linear trendline log scale
10:55 Linear regression line
13:40 Mean
18:00 R-squared (50%)
19:37 Predictive trend

Here we run and explain a linear trendline over the last 13+ years of bitcoin price data.

Coefficients:
y = a + b * x
y = y-intercept + slope * x
y = -13016 + 765% * x

https://porkopolis.io
https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.