Bitcoin's Way to 1M$ - Part I - Logarithmic Reggression
Updated
Happy weekend HODLer's.
this is the history of BTC market since 2010.
as you'll follow the log line (green), you'll find that we're moving among it since day 1.
if bitcoin will keep moving this line, we'll find 1 BTC At 1M$ somewhere between 2024 to 2026
1) Logarithmic (Non linear) Regression:
R² = 0.9886
y= 2.9065Lx(x) 19.493
each year end is marked with how many % it ended above/below the line
everything you need to know is in the chart.
Part II is on the grill, Stay tuned :)
this is the history of BTC market since 2010.
as you'll follow the log line (green), you'll find that we're moving among it since day 1.
if bitcoin will keep moving this line, we'll find 1 BTC At 1M$ somewhere between 2024 to 2026
1) Logarithmic (Non linear) Regression:
R² = 0.9886
y= 2.9065Lx(x) 19.493
each year end is marked with how many % it ended above/below the line
everything you need to know is in the chart.
Part II is on the grill, Stay tuned :)
Note
Horiznal lines are missing in the original chart. had to fix that.
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