OPEN-SOURCE SCRIPT
Updated [2020 Updated]Bitcoin Logarithmic Growth Curves
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.
Use Bitstamp BTCUSD for better reading.
Release Notes
Removed non-classical Fib ratiosadded 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 publications is governed by House rules. You can favorite it to use it on a chart.
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