Regression Progression
It's no secret that bitcoin's returns are diminishing, and there's no better way to represent a decaying rate of growth over time than a logarithmic regression curve. I'll reserve my opinions for now and keep this post objective, but I think this chart is worth sharing. Make of it what you will.
I plotted four log regression curves and traced them with the curve drawing tool (dashed curves) to show their extensions.
1. White - 596 weeks - the last 4 cycles, i.e. the overall logarithmic regression
2. Yellow - 539 weeks - the last 3 cycles
3. Orange - 342 weeks - the last 2 cycles
4. Red - 104 weeks - the current cycle
I plotted four log regression curves and traced them with the curve drawing tool (dashed curves) to show their extensions.
1. White - 596 weeks - the last 4 cycles, i.e. the overall logarithmic regression
2. Yellow - 539 weeks - the last 3 cycles
3. Orange - 342 weeks - the last 2 cycles
4. Red - 104 weeks - the current cycle
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