Quote from: yurets_z on Today at 06:41:53 PM

Quote from: dragonvslinux on August 21, 2022, 12:27:08 PM

I reference this as the LookIntoBitcoin version looks more relevant, as factors in the March 2020 low more accurately, as seems to have been adjusted to include it.

You should always remember what is written on one of the referenced web pages: "The color bands follow a logarithmic regression (introduced by Bitcointalk User trolololo in 2014), but are otherwise completely arbitrary and without any scientific basis."

Clearly it's not arbitrary when LookIntoBitcoin have modified the logarithmic curve, and haven't referenced the fact it's arbitrary or lacks any scientific basis. Probably because it's a mathematical based curve, nothing to do with science. The irony being that a logarithmic curve in itself isn't arbitrary, it's simply how you style it (connect the dots), even if the original remains arbitrary and unchanged.