█ OVERVIEW
The 'Bitcoin Power Law Bands' indicator is a set of three US dollar price trendlines and two price bands for bitcoin , indicating overall long-term trend, support and resistance levels as well as oversold and overbought conditions. The magnitude and growth of the middle (Center) line is determined by double logarithmic (log-log) regression on the...
BTCUSD Logarithmic Regression
Inspired by: trolololo & Über Holger.
Make sure you have "log" and "auto" turned ON!
BLUE: BUY!
GREEN: ACCUMULATE
YELLOW: HODL!
ORANGE: FOMO / IS THIS A BUBBLE?
LIGHT RED: SELL!
RED: MAXIMUM BUBBLE TERRITORY