Library "BenfordsLaw"
Methods to deal with Benford's law which states that a distribution of first and higher order digits
of numerical strings has a characteristic pattern.
"Benford's law is an observation about the leading digits of the numbers found in real-world data sets.
Intuitively, one might expect that the leading digits of these numbers would be...
█ OVERVIEW
The 'Bitcoin Power Law Bands' indicator is a set of three US dollar price trendlines and two price bands for bitcoin , indicating overall long-term trend, support and resistance levels as well as oversold and overbought conditions. The magnitude and growth of the middle (Center) line is determined by double logarithmic (log-log) regression on the...
Open-source live tracker of Harold Burger's Bitcoin "Power Law Corridor".
Added optional chart fill and labels to show the percentage delta to the regression center-line, support and resistance.
Berger's article on the Power Law Model for Bitcoin is a compelling read and gives the best evidence so far of the diminishing case for retracing below $3000, of a slowing market on a log-log plot, and reducing but continued volatility.
After seeing it acts as support routinely in the last 10 years, I put together a quick little script that plots his midline...
