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Bitcoin Power Law Probability Bands

Overview

Current Percentile

7D Change

64.38%

-7.69

Max Percentile

7D Change

73.10%

2.43

Min Percentile

7D Change

64.38%

-1.85

Current Percentile

28D Change

64.38%

-4.59

Max Percentile

28D Change

73.10%

2.97

Min Percentile

28D Change

63.63%

16.64

Current Percentile

3M Change

64.38%

18.08

Max Percentile

3M Change

73.10%

19.19

Min Percentile

3M Change

38.87%

5.57

Current Percentile

1Y Change

64.38%

28.10

Max Percentile

1Y Change

73.10%

33.10

Min Percentile

1Y Change

28.09%

28.09

Current Percentile

YTD Change

64.38%

26.72

Max Percentile

YTD Change

73.10%

33.10

Min Percentile

YTD Change

28.09%

28.03

Current Percentile

4Y Change

64.38%

-11.38

Max Percentile

4Y Change

99.10%

-0.89

Min Percentile

4Y Change

0.00%

-1.87

Current Percentile

All Time Change

64.38%

46.03

Max Percentile

All Time Change

99.99%

0.00

Min Percentile

All Time Change

0.00%

0.00

MonthYearPercentile ChangePercentileMax PercentileMin Percentile
Jan2024-4.6832.97%42.47%28.09%
Feb202422.6756.20%57.33%32.72%
Mar20245.4462.64%65.11%55.77%
Apr2024-9.0952.33%62.52%52.33%
May20246.3656.37%60.00%50.01%
Jun2024-5.7150.74%58.89%48.31%
Jul2024-0.1650.55%53.91%40.88%
Aug2024-10.5640.56%51.12%35.43%
Sep20246.4744.55%47.77%33.30%
Oct202410.9951.57%51.92%38.87%
Nov202419.0268.04%70.13%46.98%
Dec2024-3.3464.38%73.10%64.38%
Monthly Avg20243.12
Yearly Avg202437.3952.58%73.10%28.09%

About this Chart

Original model by PlanC.

This chart displays the Power Law Quantile Regression lines for the Bitcoin Price. A Quantile regression line tells you how many of the data points fall above or below the line. For example, the 95th regression means that 95% of the data are below the line, or said in another way, only 5% of all the historical price data fall above the 95th percentile line. The 99th quantile line represents the upper bound of the price range because 99% of all values are below this line, while the 1st quantile line represents the lower bound because 99% of values fall above this line. The Power Law Quantile Regression bands can be used to analyze the long-term price growth of Bitcoin.

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Profile

Sina 🗝️⚡ 21st Capital

@Sina_21st

Quantile regression is one of the most interesting and advanced Bitcoin models, developed recently. @TheRealPlanC and I explain the model and its price channel that provides an expected Bitcoin price range moving forward.

6:20 PM · Oct 2, 2024 · 11.2K Views

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