Bitcoin long term trends — Indicator by umanov

trendanalysis bitcoinforecast bitcoinprice bitcoinusd bitcoin bitcoinanalysis

This script shows the long term trends in Bitcoin price.
It is based on my mathematical formula for the long term trends.
The blue line is a long term trend as a power function B = (t/693)^5.526
And the green line is a more sophisticated trend, which models the wave behavior over the whole history of bitcoin.
This script is only applicable to BTCUSD price. The trend lines are calculated as the functions of time only.

BTCUSD

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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