OPEN-SOURCE SCRIPT
Bitcoin Power Law Floor
Bitcoin Power Law Floor
This indicator plots a long-term Bitcoin Power Law Floor based on the empirical Bitcoin power-law framework associated with Giovanni Santostasi, Harold Christopher Burger, Andrei Perrenod, Bitcoin Observatory, and related Bitcoin power-law research.
The model uses days since Bitcoin’s genesis block as the time variable:
Trend(t) = 10^-16.493 × t^5.688
Floor(t) = Trend(t) × 10^-0.42
The default floor offset in this script is -0.42. For the commonly referenced ~0.40× trend floor, set “Floor log10 offset vs trend” to -0.40.
The plotted floor is intended to represent a historically observed lower-bound region in Bitcoin’s long-term price evolution. It is not a guarantee, not a prediction, and not a trading signal by itself. The model should be used as a long-term reference framework, ideally on BTCUSD or BTCUSDT charts with logarithmic price scale enabled.
The script includes:
- Bitcoin Power Law Floor plot
- Optional central power-law trend line
- Optional future floor projection
- Projection horizons of 3, 5, 10, 15, 20, and 25 years
Sources and further reading:
Bitcoin Observatory — BTC Power Law Floor:
btcpowerlaw.nl/floor/
Giovanni Santostasi — The Bitcoin Power Law Theory:
giovannisantostasi.medium.com/the-bitcoin-power-law-theory-962dfaf99ee9
Scientific Bitcoin Institute:
scientificbitcoininstitute.org/
Special thanks to the scientists, researchers, explorers, data analysts, builders, educators, and content writers who study, test, explain, challenge, and share Bitcoin power-law models. This script exists because of the open work of people exploring Bitcoin with curiosity, rigor, and imagination.
This indicator is for educational and research purposes only. It is not financial advice. Historical model fit does not guarantee future performance.
This indicator plots a long-term Bitcoin Power Law Floor based on the empirical Bitcoin power-law framework associated with Giovanni Santostasi, Harold Christopher Burger, Andrei Perrenod, Bitcoin Observatory, and related Bitcoin power-law research.
The model uses days since Bitcoin’s genesis block as the time variable:
Trend(t) = 10^-16.493 × t^5.688
Floor(t) = Trend(t) × 10^-0.42
The default floor offset in this script is -0.42. For the commonly referenced ~0.40× trend floor, set “Floor log10 offset vs trend” to -0.40.
The plotted floor is intended to represent a historically observed lower-bound region in Bitcoin’s long-term price evolution. It is not a guarantee, not a prediction, and not a trading signal by itself. The model should be used as a long-term reference framework, ideally on BTCUSD or BTCUSDT charts with logarithmic price scale enabled.
The script includes:
- Bitcoin Power Law Floor plot
- Optional central power-law trend line
- Optional future floor projection
- Projection horizons of 3, 5, 10, 15, 20, and 25 years
Sources and further reading:
Bitcoin Observatory — BTC Power Law Floor:
btcpowerlaw.nl/floor/
Giovanni Santostasi — The Bitcoin Power Law Theory:
giovannisantostasi.medium.com/the-bitcoin-power-law-theory-962dfaf99ee9
Scientific Bitcoin Institute:
scientificbitcoininstitute.org/
Special thanks to the scientists, researchers, explorers, data analysts, builders, educators, and content writers who study, test, explain, challenge, and share Bitcoin power-law models. This script exists because of the open work of people exploring Bitcoin with curiosity, rigor, and imagination.
This indicator is for educational and research purposes only. It is not financial advice. Historical model fit does not guarantee future performance.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.