Post
Topic
Board Speculation
Re: Bitcoin price cycles
by
hacknoid
on 23/11/2016, 00:33:53 UTC
So back in September I posted an updated trend; the repeating cycle pattern may to be breaking down (I'll have to look into it a bit more carefully to see), however, I also posted this:


However, there is still hope for the outlook; check out the log graph and trendlines below; we have slowed down on growth, but definitely are still growing (and more closely sticking to the exponential growth curve rather than wildly fluctuating):




I thought it would be interesting to post an updated image on the trend line to see how it is going now compared to what the trend would say; to make it clearer to see where we are, I kept the same logarithmic trend line but changed the range of the vertical scale, and put it back to linear.  This is what you get:



From the looks of that, we are exactly in line with what the trend has been indicating for this cycle.  And notice the R-squared value is getting even better!