[2020 Updated]Bitcoin Logarithmic Growth Curves — Indicator by UnknownUnicorn3827973

trendanalysis btcusd btc btcusdt xbtusd xbt btc1! bitcoin bitcoinforecast logarithmicchannel

Credit goes to the original writer of the script, Quantadelic, who generously allowed anyone to copy/edit. I adjusted the value of the bottom/top intercept and slope to better fit the March 2020 coronavirus dip.

Use Bitstamp BTCUSD for better reading.

Release Notes:

Removed non-classical Fib ratios

added 0.886
removed 0.91, 0.15
added -0.236 for better fit the dips

Adjusted the Lower slope and intercept to center the 'stock to flow' model, instead of the the price itself.

Release Notes:

Corrected the displayed Fib levels in settings.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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