OPEN-SOURCE SCRIPT
Updated My BTC log curve
Logarithmic regression of the USD price of Bitcoin , calculated according to the equation:
y=A*exp(beta*x^lambda + c) + m*x + b
where x is the number of days since the genesis block. All parameters are editable in the script options.
y=A*exp(beta*x^lambda + c) + m*x + b
where x is the number of days since the genesis block. All parameters are editable in the script options.
Release Notes
Turned it into 7 lines (6 bands), each of which is just a multiple of the long term support line. Also included a "crisis band", which shows a semi-transparent line to include the COVID-19 liquidity crisis price data.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.