I enjoy the Power Law stuff, trying to get my head around the Math and the fact that Bitcoin has followed this trajectory since inception.
I love this quote:
“ To me, the power law support is the intrinsic value of the network, the value when all the hope and hype is gone.”
This is really cool, it's like a force of nature!
Yeah absolutely a few of the mathematicians who are into power laws have called it that. And I like that perspective.
Its not that it has followed, but floated near these projections.
It’s been within the range consistently. For example it hit the support line in November and December 2022.
Did you make the graph?, I like how it looks, which software did you use?
No it’s from @apsk32 who I follow on twitter.